Royalty Pharma plc (RPRX) Adds to IPO Gains

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Go back to Royalty Pharma plc (RPRX) Adds to IPO Gains

Royalty Pharma plc (RPRX) IPO Opens 57% Higher

June 16, 2020 12:07 PM EDT

Today's IPO for Royalty Pharma plc (NASDAQ: RPRX) opened for trading at $44 after pricing 77,681,670 shares of its Class A ordinary shares at $28.

The underwriters have a 30-day option to purchase up to an additional 11,652,250 Class A ordinary shares from the company.

J.P. Morgan, Morgan Stanley, BofA Securities, Goldman Sachs & Co. LLC, Citigroup and UBS Investment Bank are acting as joint lead book-running... More