Amira Nature Foods prices IPO at $10, below the range

By Renaissance Capital,

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Amira Nature Foods, a processor, distributor and marketer of packaged Indian Basmati rice and snacks, raised $90 million by offering 9 million shares at $10, 29% below the midpoint of the $13-$15 range. Amira Nature Foods plans to list on the NYSE under the symbol ANFI. UBS Investment Bank and Deutsche Bank 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 Nasdaq, Inc.

This article appears in: News Headlines IPOs
Referenced Stocks: ANFI

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