Taminco Corporation sets terms for $300 million IPO

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Taminco Corporation, the world's #1 producer of alkylamines for industrial and agricultural applications, announced terms for its IPO on Friday. The Allentown, PA-based company plans to raise $300 million by offering 15.8 million shares at a price range of $18 to $20. At the midpoint of the proposed range, Taminco Corporation would command a fully diluted market value of $1.3 billion. Taminco Corporation, which was founded in 2003 and booked $972 million in sales for the 12 months ended 12/31/2012, plans to list on the NYSE under the symbol TAM. Citi, Goldman Sachs, Credit Suisse, J.P. Morgan, Deutsche Bank, Jefferies & Co., Morgan Stanley and UBS are the joint 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.



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