Party City Announces Pricing of Its Initial Public Offering

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Go back to Party City Announces Pricing of Its Initial Public Offering

Party City (PRTY) IPO Opens Up 21%

April 16, 2015 10:08 AM EDT

Today's IPO for Party City (NYSE: PRTY) opened for trading at $20.50 after pricing 21,875,000 shares of common stock at $17 per share, the high end of the expected $15-$17 range.

Goldman, Sachs & Co., BofA Merrill Lynch, Credit Suisse and Morgan Stanley are acting as lead book-running managers and representatives of the underwriters in the offering. Barclays, Deutsche Bank Securities and J.P. Morgan are also acting as book-running managers for the offering. William Blair, Stephens Inc. and Telsey Advisory Group are acting as co-managers for the offering.

Party City Holdco Inc.... More

Party City (PRTY) IPO Prices at $17, High-End of Expected Range

April 16, 2015 7:37 AM EDT

Party City Holdco Inc. (NYSE: PRTY) announced the pricing of its initial public offering of 21,875,000 shares of common stock at $17 per share, the high end of the expected $15-$17 range. Shares are expected to begin trading on the New York Stock Exchange today under the symbol "PRTY".

Goldman, Sachs & Co., BofA Merrill Lynch, Credit Suisse and Morgan Stanley are acting as lead book-running managers and representatives of the... More