VIDEO: IPO Watch: Alon USA

Alon USA Energy (ALJ) announced today that its subsidiary, Alon USA Partners, LP, has filed a registration statement on Form S-1 with the US Securities and Exchange Commission relating to the proposed initial public offering of common units representing limited partner interests in Alon Partners. Application will be made to list the common units of Alon Partners on the New York Stock Exchange under the symbol “ALDW.” Alon USA intends to use the net proceeds of the offering to reduce its outstanding indebtedness.