Dechert represented OCI Resources LP on its master limited partnership initial public offering (IPO) and listing on the New York Stock Exchange on September 13, 2013. The initial public offering of 5,000,000 common units represents limited partner interests in the Partnership at a public offering price of $19.00 per common unit.
OCI Resources LP is a Delaware limited partnership formed by OCI Holdings to operate the trona ore mining and soda ash production business of OCI Wyoming. It owns a controlling 40.98% general partner interest and 10.02% limited partner interest in OCI Wyoming, which is one of the largest and lowest cost producers of soda ash in the world.
The cross-border Dechert team advised OCI Resources includes Hong Kong-based David Cho and Kyle Oh as well as U.S.-based lawyers Mark Thierfelder, Thomas Friedmann, Jonathan Kim, Anne Laughlin, Victoria Alff, Michael Hirschfeld, Daniel Dunn, Kenneth Wang, Erin Lett, Jennifer Porter and Rachel Farr.
