Latham & Watkins Advises the Underwriters in Kimbell Royalty Partners, LP’s Public Offering of Common Units

Kimbell Royalty Partners, LP (NYSE: KRP) (Kimbell) announced that it has priced its previously announced underwritten public offering of 3,750,000 common units representing limited partner interests at a price to the public of US$14 per common unit. Kimbell has granted the underwriters a 30-day option to purchase up to an additional 562,500 common units. The offering is expected to close on November 15, 2021, subject to the satisfaction of customary closing conditions.

Latham & Watkins LLP represented the underwriters in the offering with a corporate team led by Houston partner John Greer with associates Clayton Heery, Kate Wang, Janhavi Das, and legal intern Natasha Kalaouze. Advice was also provided on tax matters by Houston partner Bryant Lee with associate Mike Rowe; and on environmental matters by Houston partner Joel Mack and Los Angeles counsel Joshua Marnitz.