Houlihan Lokey (HLI) IPO Opens 8% Higher
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Houlihan Lokey Prices Initial Public Offering
August 12, 2015 7:33 PM EDTLOS ANGELES & NEW YORK--(BUSINESS WIRE)-- Houlihan Lokey, Inc. (the Company or HLI), the international investment bank, today announced the pricing of its initial public offering of 10,500,000 shares of its Class A common stock at a public offering price of $21.00 per share. The shares are expected to begin trading on Thursday, August 13, 2015 on the New York Stock Exchange under the ticker symbol HLI. All of the shares are being offered by an affiliate of ORIX USA Corporation and certain of the Companys employees and members of management. The affiliate of ORIX USA Corporation has also granted the underwriters a 30-day option... More
