Express clothing co IPO prices low-underwriter

NEW YORK May 12 (Reuters) - U.S. clothing company Express Parent LLC (EXPR.N) priced shares in its initial public offering below the expected range on Wednesday, according to an underwriter.

Columbus, Ohio-based Express sold 16 million shares for $17 each, raising about $272 million, the underwriter said. It had planned to sell 16 million shares for between $18 and $20 each. (Reporting by Clare Baldwin)