HD Supply prices IPO well below the range at $18, raising $957 million

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HD Supply, the leading diversified industrial distribution company in North America, raised $957 million by offering 53.2 million shares (all primary) at $18, well below the range of $22 to $25. HD Supply plans to list on the NASDAQ under the symbol HDS. BofA Merrill Lynch, Barclays, J.P. Morgan and Credit Suisse acted as lead managers on the deal.

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This article appears in: News Headlines , IPOs


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