People & Business :: People/Executives
CF Industries' shares jump on MLP talks
3:10 PM MST | December 4, 2013 | Lindsay Frost
CF Industries’ shares surged up over 9%, to $235.17/share, today after the company announced partnership talks at Citi’s Basic Materials Symposium in New York. The company said in its presentation that it is “in discussions with financial advisors to evaluate master limited partnership (MLP) and MLP-like structures along with other financing options.” The company says it is considering a number of third party funding alternatives, including investment grade bonds, project finance, securitization and MLP structures. The company sold its...
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