CHC Group prices IPO at $10, below the downwardly revised range

By
A A A

CHC Group, the world's largest commercial helicopter operator for the offshore oil and gas industry, raised $310 million by offering 31.0 million shares at $10, well below the downwardly revised range of $12 to $14. The company had originally planned to offer 29.4 million shares at $16 to $18. CHC Group plans to list on the NYSE under the symbol HELI. J.P. Morgan, Barclays and UBS Investment 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 The NASDAQ OMX Group, Inc.




This article appears in: News Headlines , IPOs

Referenced Stocks: HELI

Renaissance Capital

Renaissance Capital

More from Renaissance Capital:

Related Videos

Spot the Dropout RRC
Spot the Dropout RRC                
Power on/Power Off
Power on/Power Off                  
Spot the Dropout IPC
Spot the Dropout IPC                

Stocks

Referenced

100%

Most Active by Volume

17,351,354
  • $16.245 ▼ 0.70%
17,053,144
  • $10.41 ▼ 0.86%
16,574,502
  • $113.05 ▼ 0.21%
14,933,031
  • $2.63 ▲ 10.04%
14,612,448
  • $10.35 ▲ 0.49%
13,064,835
  • $5.63 ▼ 2.60%
12,482,874
  • $13.785 ▲ 0.33%
12,301,911
  • $105.01 ▼ 0.58%
As of 8/31/2015, 11:20 AM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com