Facebook Twitter LinkedIn Google Plus RSS

Phibro Animal Health announces launch of IPO

By ,

Teaneck-based Phibro Animal Health Corporation announced Monday the pricing of its initial public offering of 11.765 million shares of common stock at a price to the public of $16.00 to $18.00 per share.

According to the announcement, the stock will be offered by the company and a selling stockholder, Mayflower Limited Partnership.  Mayflower plans to grant the underwriters a 30-day option to purchase up to an additional 1.764 million shares of the stock.

Bank of America Merrill Lynch, Morgan Stanley and Barclays are serving as the joing bookrunning managers for the offering.  Guggenheim Securities, Macquarie Capital and Cantor Fitzgerald & Co. are acting as co-managers for the offering.  Perella Weinberg Partners is acting as advisor to the company, the company said in a recent press release.

ALSO ON NJBIZ:

With April 1 deadline looming, N.J. facing surge of property tax appeals

When shouldn't you file a property tax appeal?

In Newark, revaluation is spurring action



You May Have Missed...

Emily Bader

Emily Bader

Emily Bader is the copy and web editor at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com or @emilybader on Twitter.

Leave a Comment

test

Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy

Comments

close
Subscribe to Our Newsletters!
Click Here to Subscribe for Free Now!