Dun & Bradstreet (DNB) IPO Opens 14% Higher

July 1, 2020 11:51 AM EDT

Today's IPO for Dun & Bradstreet (NYSE: DNB) opened for trading at $25 after pricing 78,302,272 shares of common stock at an initial public offering price of $22.00 per share.

In addition, the underwriters have been granted a 30-day option to purchase up to an additional 11,745,340 shares at the initial public offering price, less underwriting discounts and commissions.

Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan and Barclays are acting as joint lead book running managers and representatives of the underwriters for the offering. Citigroup, Credit Suisse, HSBC, Jefferies, RBC Capital Markets, Wells Fargo Securities, Deutsche Bank Securities, BMO Capital Markets, SunTrust Robinson Humphrey and TD Securities are also acting as book-running managers for the offering. William Blair, Raymond James, Stephens Inc., Academy Securities and Loop Capital Markets are acting as co-managers for the offering.

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet's Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk, and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity.



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