Abengoa Yield prices upsized IPO above the range at $29

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Abengoa Yield, which owns renewable and conventional power and electric transmission assets, raised $721 million in an upsized IPO by offering 24.9 million shares at $29, above the range of $25 to $27. Abengoa Yield plans to list on the NASDAQ under the symbol ABY. Abengoa Yield initially filed confidentially on 2/28/2014. Citi, BofA Merrill Lynch, Canaccord Genuity, HSBC, RBC Capital Markets and Banco Santander acted as lead managers on the deal.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: ABY

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