TRI Pointe Homes prices upsized IPO at $17, above the range

By
A A A

TRI Pointe Homes, a Starwood-backed single-family homebuilder in California, raised $233 million by offering 13.7 million shares (27% insider) at $17, above the range of $14 to $16. The company had originally planned to offer 11.7 million shares (15% insider). TRI Pointe Homes will list on the NYSE under the symbol TPH. Citi, Deutsche Bank and FBR Capital Markets 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.



This article appears in: News Headlines , IPOs

Referenced Stocks: TPH

Renaissance Capital

Renaissance Capital

More from Renaissance Capital:

Related Videos

Stocks

Referenced

100%

Most Active by Volume

100,376,898
  • $17.62 ▲ 0.51%
83,231,837
  • $25.62 ▲ 1.91%
75,739,329
  • $111.78 ▼ 0.77%
65,297,937
  • $36.37 ▼ 1.76%
59,053,093
  • $47.66 ▲ 0.29%
53,482,350
  • $2.59 ▼ 0.38%
51,504,284
  • $7.34 ▲ 2.37%
51,434,656
  • $8.14 ▲ 6.96%
As of 12/19/2014, 04:15 PM


Find a Credit Card

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