Solera Holdings (SLH) Sees IPO Pricing Between $15-17 Per Share

May 7, 2007 12:23 PM EDT
Solera Holdings (NYSE: SLH) has filed an amended S-1 statement with the SEC. The proposed maximum aggregate offering price is $460 million. The Company expects the public offering price to be between $15.00-17.00 per share. The Company is offering 21.875 million shares. The company plans to list on the NYSE under the symbol "SLH".

The offering is being made through Goldman, Sachs & Co., Citigroup, Deutsche Bank Securities, JPMorgan and Lehman Brothers.

The company is a leading global provider of software and services to the automobile insurance claims processing industry The customers include more than 900 automobile insurance companies, including nine of the ten largest automobile insurance companies in Europe and each of the ten largest automobile insurance companies in North America.

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