Edgen Group (EDG) Files $100M IPO

December 29, 2011 9:46 AM EST
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Edgen Group, Inc. (NYSE: EDG) filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The proposed maximum offering price is $100 million. Edgen plans to list on the New York Stock Exchange, under the ticker "EDG."

The offering is being made through Jefferies, Morgan Stanley, and Citigroup.

Edgen is a global distributor of specialty products to the energy sector, including highly engineered steel pipe, valves, quenched and tempered and high yield heavy plate and related components.

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