U.S. Silica Holdings (SLCA) IPO Opens Slightly Higher

February 1, 2012 9:37 AM EST
The IPO for U.S. Silica Holdings, Inc. (NYSE: SLCA) is open for trading. Shares are trading at $17.13 after pricing 11,764,705 shares $17, the middle of the expected range.

Morgan Stanley & Co. LLC, BofA Merrill Lynch and Jefferies & Company, Inc. are acting as joint book-running managers for the offering. Simmons & Company International, Dahlman Rose & Company, LLC, BB&T Capital Markets, a division of Scott & Stringfellow, LLC, BNP Paribas Securities Corp., Lazard Capital Markets LLC and Moelis & Company LLC are acting as co-managers for the offering.

U.S. Silica Holdings, Inc., a Delaware corporation, is the second largest domestic producer of commercial silica, a specialized mineral that is a critical input into the oil and gas proppants end market and a variety of attractive industrial and specialty products end markets.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

IPOs

Related Entities

Morgan Stanley, Jefferies & Co, Lazard, BB&T Capital Markets