Thermon Group (THR) IPO Trades Higher

May 5, 2011 11:32 AM EDT Send to a Friend
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The IPO for Thermon Group Holdings, Inc. (NYSE: THR) is trading higher at $12.88 after pricing 10 million shares at $12, the low end of the expected $12-$14 range.

The offering was made through Barclays Capital, Jefferies, William Blair & Company, BMO Capital Markets, and KeyBanc Capital Markets.

Thermon is a provider of highly engineered thermal solutions for process industries.


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