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Tradeweb Markets (TW) Announces Proposed 14.8M Class A Share Follow-On Offering; Reports Prelim. Q3 EPS Above Consensus
October 16, 2019 5:44 AM EDTTradeweb Markets Inc. (NASDAQ: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced the launch of an underwritten offering of 14,800,000 shares of its Class A common stock, subject to market conditions and other factors. Tradeweb expects to grant the underwriters a 30-day option to purchase up to an additional 2,220,000 shares of Class A common stock at the public offering price, less the underwriting discounts and commissions.
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