Installed Building Products Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Installed Building Products Inc announces closing of initial public offering of common stock and full exercise of option to purchase additional shares
Installed Building Products Inc:Says closing of its initial public offering of 8,567,500 shares of its common stock, sold by the company at a public offering price of $11.00 per share.Includes the exercise in full by the underwriters of their option to purchase up to 1,117,500 additional shares of common stock from the company at the same price.Including proceeds from the sale of these additional shares, the company received total net proceeds of about $87.6 million from the offering.Deutsche Bank Securities and UBS Investment Bank joint bookrunners.Joint bookrunners lead manager.BB&T Capital Markets, KeyBanc Capital Markets and SunTrust Robinson Humphrey co-managers.Moelis & Company LLC financial advisor.
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