Univar (UNVR) IPO Opens at $24.10, Above Initial Pricing
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/23/2026
Go back to Univar (UNVR) IPO Opens at $24.10, Above Initial Pricing
June 18, 2015 2:51 PM EDT
Key points:
Univar Inc. has completed its initial public offering (IPO) and is now issuing debt as part of a recapitalization.We are affirming our 'B+' corporate credit rating on the company.We are also assigning our 'BB-' issue-level and '2' recovery rating to the company's proposed $2.05 billion and 250 million term loans.At the same time, we are assigning our 'B' issue-level and '5' recovery rating to the company's proposed $400 million senior unsecured notes.The stable outlook reflects our expectation that the company's recent IPO and subsequent debt...
More
June 17, 2015 7:54 AM EDT
Univar Inc. (NYSE: UNVR), a global chemical distributor and provider of value-added services, filed an amended registration with the U.S. SEC for an IPO of its Common Stock. The company plans to offer 35 million shares, up from 20 million previously offered. Pricing is... More
