Metaldyne Performance Group IPO Info

Company Name: Metaldyne Performance Group
Stock Symbol: MPG
Exchange: NYSE
Status: Priced
IPO Date: 12/12/2014
IPO Price: 15.00 (15.73%)

Underwriters

BofA Merrill Lynch, Goldman Sachs, Deutsche Bank

Amount of Offering: N/A
Number of Shares Offered: 10 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A

Company Description

Metaldyne Performance Group Inc. is a leading provider of highly-engineered components for use in powertrain and safety-critical platforms for the global light, commercial and industrial vehicle markets. MPG produces these components using complex metal-forming manufacturing technologies and processes for a global customer base of vehicle OEMs and Tier I suppliers. MPG's metal-forming manufacturing technologies and processes include aluminum die casting, forging, iron casting and powder metal forming as well as advanced machining and assembly. Headquartered in Plymouth, Michigan, MPG has a global footprint spanning 61 locations in 13 countries across North America, South America, Europe and Asia with approximately 12,000 employees.

News Headlines

• Metaldyne Performance Group (MPG) IPO Opens Modestly Higher
• Metaldyne Performance Group (MPG) IPO Prices at $15, Below Expected Range
• Metaldyne Performance Group (MPG) IPO Roadshow Available Online