SeaWorld prices upsized IPO at $27, at high end of the range


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SeaWorld Entertainment, a Blackstone-backed operator of 11 US theme parks such as SeaWorld and Busch Gardens, raised $702 million by offering 26 million shares (62% insider) at $27, at the high end of the range of $24 to $27. The company had originally planned to offer 20 million shares (50% insider). SeaWorld Entertainment plans to list on the NYSE under the symbol SEAS. Goldman Sachs, J.P. Morgan, Citi, BofA Merrill Lynch, Barclays and Wells Fargo Securities acted as joint bookrunners on the deal.

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This article appears in: News Headlines , IPOs

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