SandRidge Mississippian Trust I - 2011-03-30

Description

Launched an initial public offering of 12.5 million common units on the New York Stock Exchange as SDT. In January, SandRidge Energy Inc., Oklahoma City, (NYSE: SD) filed with U.S. regulators to raise up to $287.5 million in the IPO of SandRidge Mississippian Trust I.

The offering represents an approximate 45% beneficial interest in the trust, along with 1.875 million additional common units that may be purchased at the option of the underwriters.

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Estimated Price
$287.5MM
Financing Type
Report Date