MRC Global (MRC) Sees IPO Prices of $21-$23/Share

March 28, 2012 8:55 AM EDT
MRC Global Inc. (NYSE: MRC) filed an amended registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The Company plans to sell 22,727,273 shares and sees an offering price of $21 to $23 per share. MRC Global plans to list on the New York Stock Exchange under the ticker, "MRC."

The offering will be made through Goldman, Sachs & Co., BofA Merrill Lynch, Raymond James, Baird, Barclays, Wells Fargo Securities, William Blair & Company, and Stephens.

MRC Global is a global industrial distributor of pipe, valves and fittings and related products and services to the energy industry.


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