Tradeweb Markets (TW) Prices 11.16M Class A Share Upsized Follow-On Offering at $50.25/Sh

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Tradeweb Markets Announces Pricing of Upsized Follow-on Offering

April 22, 2020 8:22 PM EDT

NEW YORK--(BUSINESS WIRE)-- Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced the pricing of its follow-on offering of 11,161,083 shares of its Class A common stock at a price to the public of $50.25 per share. In addition, the underwriters have a 30-day option to purchase up to an additional 1,674,162 shares of Class A common stock at the public offering price, less the underwriting discounts and commissions. The closing of the offering is expected to occur on April 27, 2020, subject to satisfaction of... More