Back to Main

SFX Entertainment prices upsized IPO at $13, high end of the range

By: Renaissance Capital
Posted: 10/9/2013 8:43:00 AM
Referenced Stocks: SFXE

SFX Entertainment, the largest producer of electronic music-focused live events and content, raised $260 million by offering 20 million shares (20% more than the 16.7 million originally planned) at $13, the high end of the range of $11 to $13. SFX Entertainment plans to list on the NASDAQ under the symbol SFXE. UBS Investment Bank, Jefferies & Co. and Deutsche Bank acted as lead managers on the deal.