Yorktown Partners-backed Solaris sets IPO pricing terms

Solaris Oilfield Infrastructure, which is backed by Yorktown Partners, has priced its IPO of 10.6 million shares at between $15 and $18 per share. The stock will trade on the New York Stock Exchange under the ticker symbol “SOI.” Credit Suisse and Goldman Sachs are serving as the lead underwriters. Based in Houston, Texas, Solaris is a provider of patented mobile proppant management systems that unload, store and deliver proppant at oil and natural gas well sites.

PRESS RELEASE

Houston, Texas (May 2, 2017) – Solaris Oilfield Infrastructure, Inc. (NYSE: SOI) (“Solaris”) announced today that it has launched an initial public offering of 10,600,000 shares of its Class A common stock (“common stock”) at an anticipated initial offering price between $15.00 and $18.00 per share pursuant to a registration statement on Form S-1 (the “Registration Statement”) filed previously with the Securities and Exchange Commission (the “SEC”). In addition, Solaris intends to grant the underwriters a 30-day option to purchase up to an additional 1,590,000 shares of Solaris’ common stock at the initial public offering price, less underwriting discounts and commissions. The shares have been authorized for listing on the New York Stock Exchange under the ticker symbol “SOI,” subject to official notice of issuance.

Credit Suisse and Goldman Sachs & Co. LLC are acting as joint book-running managers for the offering. The offering of these securities will be made only by means of a prospectus that meets the requirements of Section 10 of the Securities Act of 1933. A copy of the preliminary prospectus may be obtained from:

Credit Suisse Securities (USA) LLC
Attention: Prospectus Department
Eleven Madison Avenue
New York, New York 10010
Telephone: (800) 221-1037
newyork.prospectus@credit-suisse.com

Goldman Sachs & Co. LLC
Attention: Prospectus Department
200 West Street
New York, NY 10282
Telephone: (212) 902-1171
prospectus-ny@ny.email.gs.com

About Solaris Oilfield Infrastructure, Inc.
Solaris Oilfield Infrastructure, Inc. manufactures and provides patented mobile proppant management systems that unload, store and deliver proppant at oil and natural gas well sites, and its systems are deployed in many of the most active oil and natural gas basins in the United States, including the Permian Basin, the Eagle Ford Shale and the SCOOP/STACK formation.