Navigator Holdings prices upsized IPO at $19, the high end of the range

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Navigator Holdings, which owns and operates the world's largest fleet of handysize liquefied gas carriers, raised $228 million by offering 12 million shares (2.97 million from insiders) at $19, the high end of the $17-$19 range. The company had initially planned to sell 11.3 million shares; all of the added shares were primary. Navigator Holdings plans to list on the NYSE under the symbol NVGS. Jefferies 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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