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Friday, November 20, 2020

Sotera Health prices 46.6M-share IPO at $23

 

  • Sterilization and lab testing services provider, Sotera Health (SHC) has priced its IPO of 46.6M common shares at $23.00/share, for expected gross proceeds of ~$1.1B.
  • Underwriters' over-allotment is an additional 6.99M shares.
  • Trading commences today.
  • J.P. Morgan, Credit Suisse, Goldman and Jefferies are acting as joint lead book-running managers.
  • Closing date is November 24.
  • https://seekingalpha.com/news/3638237-sotera-health-prices-46_6m-share-ipo-23

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