Cahill Represents Underwriters in IPO for Keane Group
Cahill represented Citigroup, Morgan Stanley, BofA Merrill Lynch, and J.P. Morgan as joint book-running managers and the senior co-managers and co-managers in connection with the Initial Public Offering by Keane Group, Inc. (NYSE: FRAC), resulting in gross proceeds of $584,706,000. The offering made available 30,774,000 shares of common stock, including the exercise of the underwriters’ over-allotment option. Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes. Keane Group, Inc., is one of the largest pure-play providers of integrated well completion services in the U.S.