AZEK Company Inc. Prices 33.25M Share Class A IPO at $23/Sh

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The AZEKĀ® Company Announces Pricing of Initial Public Offering

June 11, 2020 10:20 PM EDT

CHICAGO, June 11, 2020 /PRNewswire/ -- The AZEK Company Inc. (formerly CPG Newco LLC) ("AZEK") announced today the pricing of its initial public offering of 33,250,000 shares of its Class A common stock, at a price to the public of $23.00 per share. The underwriters have been granted a 30-day option to purchase up to an additional 4,987,500 shares of Class A common stock from AZEK at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the New York Stock Exchange on June 12, 2020 under the ticker symbol "AZEK." The offering is expected... More