Global Brass and Copper prices IPO at $11, low end of the revised range

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Global Brass and Copper Holdings, a fabricator and distributor of brass and copper products for various end markets, raised $77 million by offering 7 million shares at $11, the low end of the revised $11-$12 range. The company had originally intended to sell 9.4 million shares at a range of $15-$17. Global Brass and Copper Holdings plans to list on the NYSE under the symbol BRSS. Goldman Sachs and Morgan Stanley 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.



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