Synchrony Financial prices IPO at $23, low end of the range

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Synchrony Financial, a spinoff of GE's private label credit card and consumer finance business, raised $2.9 billion by offering 125 million shares at $23, the low end of the range of $23-$26. Synchrony Financial plans to list on the NYSE under the symbol SYF. Goldman Sachs and J.P. Morgan were the lead underwriters.



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: SYF

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