Wesco Aircraft (WAIR) IPO Trades Lower

July 28, 2011 10:50 AM UTC
The IPO for Wesco Aircraft Holdings, Inc. (NYSE: WAIR) is open for trading. Shares are trading at $14.65 after pricing 21,000,000 shares at $15, below the expected $15.50-$17.50 range.

The offering is being made through Barclays Capital, Morgan Stanley, BofA Merrill Lynch, J.P. Morgan, and William Blair & Company.

Wesco Aircraft is a distributor and provider of comprehensive supply chain management services to the global aerospace industry.


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