NMI Holdings prices IPO at $13, at high end of the range

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NMI Holdings, a recently formed provider of private mortgage insurance, raised $27 million by offering 2.1 million shares at $13, at high end of $11 to $13. The company now has a fully diluted market cap of $765 million. NMI Holdings will list on the NASDAQ under the symbol NMIH. FBR Capital Markets acted as lead manager 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: NMIH

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