LinnCo (LNCO) 30.25M Common IPO Priced at $36.50/Share
Tweet Send to a FriendGet Alerts LNCO Hot Sheet
Trade LNCO Now!
LINN Energy, LLC (Nasdaq: LINE) reports pricing of the initial public offering of 30,250,000 common shares of LinnCo, LLC (Nasdaq: LNCO), a wholly-owned subsidiary of LINN, at $36.50 per common share. The common shares are expected to begin trading on the NASDAQ Global Select Market on October 12, 2012 under the ticker symbol "LNCO." The underwriters have the option to purchase up to an additional 4,537,500 common shares from LinnCo, at the same price, to cover over-allotments, if any. The offering is expected to close on or about October 17, 2012, subject to customary closing conditions.
Barclays, Citigroup, RBC Capital Markets, Wells Fargo Securities, BofA Merrill Lynch, Credit Suisse, Raymond James and UBS Investment Bank are acting as the joint book-running managers in the transaction. Goldman, Sachs & Co and J.P. Morgan are acting as senior co-managers in the transaction. Baird, BMO Capital Markets, Credit Agricole CIB, CIBC, Scotiabank / Howard Weil and Mitsubishi UFJ Securities are acting as the co-managers in the transaction.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Barclays, Citigroup, RBC Capital Markets, Wells Fargo Securities, BofA Merrill Lynch, Credit Suisse, Raymond James and UBS Investment Bank are acting as the joint book-running managers in the transaction. Goldman, Sachs & Co and J.P. Morgan are acting as senior co-managers in the transaction. Baird, BMO Capital Markets, Credit Agricole CIB, CIBC, Scotiabank / Howard Weil and Mitsubishi UFJ Securities are acting as the co-managers in the transaction.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- OSI Systems (OSIS) Unit Issued Notice of Proposed Debarment from U.S. DHS
- OCZ Technology (OCZ) Partners with NETGEAR (NTGR)
- Newpark Resources (NR) Enters Contract with Kuwait Oil Co.
Create E-mail Alert Related Categories
Corporate News, IPOsRelated Entities
Credit Suisse, UBS, JPMorgan, Citi, Raymond James, Merrill Lynch, CIBC, Robert W Baird, Bank of America, BMO Capital, RBC Capital, Barclays, Credit Agricole, Wells FargoLogin 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!

