BioFuel Energy (BIOF) Lowers IPO Pricing to $13-14 Range
Tweet Send to a Friend
BioFuel Energy Corp. (Nasdaq: BIOF) has filed an amended S-1 statement with the SEC. The Company now expects the IPO price to be between $13-14 per share versus previous estimate of $16-18 per share. The company is offering 9.5 million shares. The company plans to list on the Nasdaq under the trading symbol "BIOF."
The offering is being made through JPMorgan, Citigroup, A.G. Edwards, Bear Stearns, Cowen and Company and Petrie Parkman.
BioFuel Energy plans to become one of the leading ethanol producers in the United States. Initially, the company plan to construct five large dry-mill ethanol plants on corn-belt sites where Cargill, Inc has a strong local presence and, in most cases, adjacent to grain storage facilities owned by or affiliated with them.
The offering is being made through JPMorgan, Citigroup, A.G. Edwards, Bear Stearns, Cowen and Company and Petrie Parkman.
BioFuel Energy plans to become one of the leading ethanol producers in the United States. Initially, the company plan to construct five large dry-mill ethanol plants on corn-belt sites where Cargill, Inc has a strong local presence and, in most cases, adjacent to grain storage facilities owned by or affiliated with them.
You May Also Be Interested In
- Friday's Hot IPOs Get Even Hotter (MKTO) (DATA)
- Tableau Software (DATA) IPO now indicated $42-$44
- William Lyon Homes (WLH) IPO Prices at $25, Above Expected Range
Create E-mail Alert Related Categories
IPOs
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
