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Provider: Stock Traders Daily
Provider: Wright Reports
Provider: Thomson Reuters Stock Report
Provider: GlobalData

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West Corp Announces Pricing of Initial Public Offering

Thursday, 21 Mar 2013 05:30pm EDT 

West Corp announced the pricing of its initial public offering of 21,275,000 shares of common stock at $20.00 per share. The underwriters of the offering will have a 30-day option to purchase up to an additional 3,191,250 shares of common stock from the Company at the initial public offering price, less underwriting discounts and commissions. The Company`s shares are expected to begin trading on the Nasdaq Global Select Market on March 22, 2013 under the symbol WSTC. The Company intends to use the net proceeds of the offering primarily to repay outstanding indebtedness. Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are acting as lead bookrunners for the offering; BofA Merrill Lynch, Barclays, Citigroup, Deutsche Bank Securities and Wells Fargo Securities are acting as joint bookrunners; Baird and William Blair are acting as co-lead managers; and Evercore Partners and Sanford C. Bernstein are acting as co-managers. 

Company Quote

0.55 +1.72%
19 Dec 2014