NIQ Global Intelligence (NIQ) Launches 50M Share IPO

NIQ Global Intelligence (NYSE: NIQ) announced today that it has launched the roadshow for the initial public offering of 50,000,000 of its ordinary shares pursuant to a registration statement filed on Form S-1 with the Securities and Exchange Commission (“SEC”). The underwriters will have a 30-day option to purchase up to an additional 7,500,000 ordinary shares from the selling shareholder. The price range for the initial public offering is currently estimated to be between $20.00 and $24.00 per ordinary share. The Company has applied to list its ordinary shares on the New York Stock Exchange under the ticker symbol “NIQ.”

The Company intends to use the net proceeds that it receives from the proposed offering, together with available cash, as necessary, to repay amounts outstanding under its existing indebtedness and to use any remaining proceeds for working capital and general corporate purposes. The Company will not receive any proceeds from the sale of ordinary shares by the selling shareholder.

J.P. Morgan, BofA Securities, UBS Investment Bank, Barclays and RBC Capital Markets are acting as joint lead book-running managers for the proposed offering. Citigroup, Wells Fargo Securities, BNP Paribas, Deutsche Bank Securities, BMO Capital Markets and KKR are also acting as joint book-running managers. Baird, Needham & Company, Stifel, William Blair, Capital One Securities, Fifth Third Securities, SMBC Nikko, Academy Securities, Loop Capital Markets and Roberts & Ryan are acting as co-managers for the proposed offering.

The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to this offering, when available, may be obtained from:

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