Credit: Shutterstock photoGrafTech International, a vertically-integrated manufacturer of graphite electrodes used in steelmaking, raised $525 million by offering 35 million shares at $15, below the range of $21 to $24. GrafTech International plans to list on the NYSE under the symbol EAF. J.P. Morgan, Credit Suisse, Citi, RBC Capital Markets and HSBC Corporation acted as lead managers on the deal.
The article GrafTech International prices IPO at $15, below the range originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
