Oil and gas E&P services provider Frank's International files for $500 million US IPO

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Frank's International, a global provider of tubular services to leading oil and gas E&P companies, filed on Friday with the SEC to raise up to $500 million in an initial public offering.

The Amsterdam, Netherlands-based company, which was founded in 1938 and booked $1 billion in revenue for the year ended December 31, 2012, plans to list on the NYSE under the symbol FI. Barclays, Credit Suisse and Simmons & Co. are the joint bookrunners on the deal. No pricing terms were disclosed.

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This article appears in: News Headlines , IPOs


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