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People & Business :: Companies

Trinseo IPO closes

1:35 PM MDT | June 17, 2014 | Vincent Valk

Trinseo today announced that its initial public offering has closed on the New York Stock Exchange (NYSE), raising $197.3 million for the company. The company issued 11.5 million shares in the IPO, including 1.5 million issued in the underwriters’ overallotment option. Goldman Sachs, Citigroup, Deutsche Bank, and Morgan Stanley were the IPO’s joint book-running managers and the representatives of the underwriters. Trinseo shares began trading on NYSE last week under the symbol...

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