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One US IPO planned for the week of Sep 9
By: Renaissance Capital
IPOs are expected to price this week
OCI Resources LP ( OCIR ), a north American soda ash production business of Korea's OCI Chemical, plans to raise $100 million by offering 5.0 million shares at a price range of $19.00 to $21.00. At the midpoint of the proposed range, OCI Resources LP would command a market value of $399 million. OCI Resources LP, which was founded in 1962, booked $446 million in sales over the last 12 months. The Atlanta, GA-based company plans to list on the NYSE under the symbol OCIR. Citi and Goldman Sachs are the joint bookrunners on the deal.
Renaissance Capital will have Pre-IPO Research available on each of these upcoming IPOs prior to its pricing.