Houlihan Lokey Prices Initial Public Offering

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Houlihan Lokey (HLI) IPO Opens 8% Higher

August 13, 2015 10:05 AM EDT

Today's IPO for Houlihan Lokey (NYSE: HLI) opened for trading at $22.75 after pricing 10.5 million shares at $21, below the expected $22-$24 range. The offering size was lowered from 13,059,139 shares.

BofA Merrill Lynch and Goldman, Sachs & Co. are lead joint book-running managers for the offering. Additional... More

Houlihan Lokey (HLI) IPO Indicated to Open at $22 - $23/Share After Pricing Below Expectations

August 13, 2015 9:44 AM EDT

The IPO for Houlihan Lokey, Inc. (NYSE: HLI) is indicated to open at $22 - $23 per share after pricing 10.5 million shares of its common stock at $21 apiece. The firm was previously looking for an IPO price of $22 to $24 per share.

The shares are expected... More