ITG, Inc. Announces Closing of Initial Public Offering
ITG, Inc. closed its initial public offering, selling 22.4 million shares at $16.00 per share, raising approximately $323.4 million in net proceeds after underwriters exercised their full option. The company plans to use the funds to repay debt under its revolving credit and term loan facilities and for general corporate purposes to support growth.
Key figures
- Offering Price
- 16
- Shares Offered
- 22439025
- Net proceeds
- 323400000
- Greenshoe shares
- 2926829
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