PlayAGS prices IPO at $16 low end

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PlayAGS, an Apollo-backed supplier of electronic slot machines in Native American casinos, raised $164 million by offering 10.25 million shares at $16, the low end of the range of $16 to $18. PlayAGS plans to list on the NYSE under the symbol AGS. Credit Suisse, Deutsche Bank, Jefferies, Macquarie Capital, BofA Merrill Lynch, Citi, Nomura Securities, Stifel and SunTrust Robinson Humphrey acted as lead managers on the deal.

The article PlayAGS prices IPO at $16 low end originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.

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

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