Party City (PRTY) IPO Opens Up 21%

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Go back to Party City (PRTY) IPO Opens Up 21%

Party City Announces Pricing of Its Initial Public Offering

April 15, 2015 9:07 PM EDT

ELMSFORD, N.Y., April 15, 2015 /PRNewswire/ -- Party City Holdco Inc. ("the Company" or "Party City") today announced the pricing of its initial public offering of 21,875,000 shares of common stock at $17.00 per share. The Company's shares are expected to begin trading on the New York Stock Exchange on April 16, 2015 under the symbol "PRTY".

The underwriters of the offering will have a 30-day option to purchase up to an additional 3,281,250 shares of common stock from the Company at the initial public offering price, less underwriting discounts and commissions. The Company intends to use the net proceeds of... More