Oaktree-backed digital infra firm ITG aims to raise $429 million in US IPO
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
June 22 : Digital infrastructure firm ITG said on Monday it was aiming to raise as much as $429.3 million in its U.S. initial public offering.
The Hendersonville, Tennessee-based company is offering 19.5 million shares priced between $19 and $22 apiece.
ITG was bought by investment firm Oaktree Capital Management in partnership with the firm’s management in 2021.
Morgan Stanley, Citigroup, UBS Investment Bank, and Stifel are among the joint bookrunners. ITG will list on the Nasdaq under the symbol “ITG”.
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
About The Author
