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Amalgamated Bank prices IPO at $15.50, within the range

Amalgamated Bank, a union-owned commercial bank based in New York, raised $104 million by offering 6.7 million shares at $15.50, within the range of $15 to $17. Amalgamated Bank plans to list on the Nasdaq under the symbol AMAL. Barclays, J.P. Morgan and Keefe Bruyette Woods acted as lead managers on the deal.

The article Amalgamated Bank prices IPO at $15.50, within the range 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's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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