Blackhawk Network prices IPO at $23.00, above the range

By Renaissance Capital,

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Blackhawk Network, a Safeway spinoff that distributes prepaid gift, telecom and debit cards, raised $230 million by offering 10 million shares at $23, above the range of $20 to $22. Blackhawk Network plans to list on the NASDAQ under the symbol HAWK. Goldman Sachs, BofA Merrill Lynch and Citi 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: HAWK

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