Taminco prices IPO at $15, below $18-20 range

By Renaissance Capital,

Shutterstock photo

Taminco, the world's largest pure-play producer of alkylamines and alkylamine derivatives, raised $237 million by offering 15.8 million shares at $15, below the range of $18 to $20. At the IPO price Taminco has a fully diluted market value of $1.0 billion and an enterprise value of $2.0 billion. Taminco will list on the NYSE under the symbol TAM. Citi, Goldman Sachs, Credit Suisse, J.P. Morgan, Deutsche Bank, Jefferies, Morgan Stanley and UBS Investment Bank all acted as 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 Nasdaq, Inc.

This article appears in: News Headlines IPOs
Referenced Stocks: TAM

More from Renaissance Capital


Renaissance Capital

Renaissance Capital

Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by BankRate.com