JGWPT Holdings prices IPO at $14, as expected

By
A A A

JGWPT Holdings, which buys structured settlement payment streams under the JG Wentworth and Peachtree brands, raised $137 million by offering 9.8 million shares at $14, as anticipated by a filing Friday morning. The company had originally intended to sell 12.2 million shares at $19-$22 before filing to sell 9.8 million shares at a range of $15-$16 on Thursday. The stock is still expected to begin trading on Friday. Barclays, Credit Suisse, Deutsche Bank, Jefferies and Keefe, Bruyette & Woods were the joint bookrunners 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: JGW

Renaissance Capital

Renaissance Capital

More from Renaissance Capital:

Related Videos

Stocks

Referenced

50%

Most Active by Volume

85,117,424
  • $6.78 ▲ 11.88%
77,261,676
  • $17.53 ▲ 1.56%
61,066,548
  • $6.90 ▲ 2.99%
56,847,440
  • $112.65 ▲ 2.96%
52,788,366
  • $7.78 ▲ 1.83%
50,761,400
  • $25.14 ▲ 2.91%
47,781,237
  • $45.35 ▲ 10.18%
45,664,909
  • $7.17 ▲ 2.14%
As of 12/18/2014, 04:15 PM


Find a Credit Card

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