Jan 30 (Reuters) - Private equity-backed oil and natural
gas producer Infinity Natural Resources ( INR ) on Thursday raised $265
million in its initial public offering in the United States.
The company, backed by buyout firms Pearl Energy
Investments and NGP, sold 13.5 million shares at $20, within
marketed range
of $18 and $21.
Energy has been a major theme in the IPO market so far
this year as companies increasingly look to tap into investor
fervor towards the industry.
Infinity, which tapped 14 banks for the IPO, is expected
to begin trading on the New York Stock Exchange under the symbol
"INR" on Friday.