Party City (PRTY) IPO Prices at $17, High-End of Expected Range
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Party City (PRTY) IPO Opens Up 21%
April 16, 2015 10:08 AM EDTToday's IPO for Party City (NYSE: PRTY) opened for trading at $20.50 after pricing 21,875,000 shares of common stock at $17 per share, the high end of the expected $15-$17 range.
Goldman, Sachs & Co., BofA Merrill Lynch, Credit Suisse and Morgan Stanley are acting as lead book-running managers and representatives of the underwriters in the offering. Barclays, Deutsche Bank Securities and J.P. Morgan are also acting as book-running managers for the offering. William Blair, Stephens Inc. and Telsey Advisory Group are acting as co-managers for the offering.
Party City Holdco Inc.... More
