Borderfree announces closing of initial public offering

Monday, 7 Apr 2014 04:01pm EDT 

Borderfree Inc:Says that it has closed its previously announced initial public offering of 5,750,000 shares of common stock at a price to the public of $16.00 per share.Credit Suisse and RBC Capital Markets, acted as joint book-running managers for the offering.Pacific Crest Securities, Canaccord Genuity, William Blair, and Needham & Company were co-managers for the offering.