InfraREIT (HIFR) Prices 20M Common Offering Above Expected Range at $23/Share

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Go back to InfraREIT (HIFR) Prices 20M Common Offering Above Expected Range at $23/Share

InfraREIT (HIFR) IPO Opens Up 18%

January 30, 2015 9:55 AM EST

Today's IPO for InfraREIT, Inc. (NYSE: HIFR) opened for trading at $27.10 after pricing 20 million shares of its common stock at $23.00 per share, above the expected $19-$21 range.

BofA Merrill Lynch, Citigroup, RBC Capital Markets and Morgan Stanley are acting as the joint... More