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PBF Energy prices IPO at $26, within the range

By Renaissance Capital December 12, 2012, 08:52:32 PM EDT

PBF Energy, the US's fifth-largest independent refiner, raised $520 million by offering 20 million shares at $26.00, within the range of $25 to $27. The company had originally planned to offer 16.5 million shares before upsizing the deal. PBF Energy plans to list on the NYSE under the symbol PBF. Citi, Morgan Stanley, Credit Suisse and Deutsche Bank were the 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: PBF



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