Phibro Animal Health prices IPO at $15, below the range

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Phibro Animal Health, a leading manufacturer of pharmaceutical and nutrition products for livestock, raised $176 million by offering 11.8 million shares at $15, below the range of $16 to $18. Phibro Animal Health plans to list on the NASDAQ under the symbol PAHC. Phibro Animal Health initially filed confidentially on 1/13/2014. BofA Merrill Lynch, Morgan Stanley and Barclays 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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Referenced Stocks: PAHC

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