Essent Group prices IPO at $17, above the range

By Renaissance Capital,

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Essent Group, a recently formed private mortgage insurance company, raised $335 million by offering 19.7 million shares at $17, above the range of $13.50 to $15.50. Essent Group plans to list on the NYSE under the symbol ESNT. Goldman Sachs, J.P. Morgan, Barclays and Credit Suisse 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: ESNT

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