REV Group, which is leading manufacturer of emergency and specialty vehicles, raised $275 million by offering 12.5 million shares at $22, above the range of $19 to $21. REV Group plans to list on the NYSE under the symbol REVG. Goldman Sachs, Morgan Stanley and Baird acted as lead managers on the deal.
The article REV Group prices $275 million IPO at $22, above 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, 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
