Fairway Market prices IPO at $13, above the range

By Renaissance Capital,

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Fairway Group Holdings, which operates 12 large-format grocery stores in the greater NYC metro area, raised $177 million by offering 13.7 million shares at $13, above the range of $10 to $12. Fairway will list on the NASDAQ under the symbol FWM. Fairway Group Holdings filed confidentially on 8/2/2012. Credit Suisse, BofA Merrill Lynch, Jefferies & Co. and William Blair 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: FWM

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