Guidewire Software (GWRE) Sees IPO Price of $10-$12/Share

January 10, 2012 12:29 PM EST
Guidewire Software (NYSE: GWRE) filed an amended registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. Guidewire plans to sell 7.5 million shares and sees an IPO price of $10 - $12 per share. Guidewire plans to list on the New York Stock Exchange under the ticker "GWRE."

The offering is being made through J.P. Morgan, Deutsche Bank Securities, Citigroup, Stifel Nicolaus Weisel, and Pacific Crest Securities.

Guidewire Software is a provider of core system software to the global property and casualty, or P&C, insurance industry.


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Stifel, Deutsche Bank, JPMorgan, Citi, Pacific Crest Securities