Credit: Shutterstock photoAcushnet Holdings, which manufactures and markets golf equipment under several brands (e.g. Titleist), raised $329 million by offering 19.3 million shares at $17, below the range of $21 to $24. Acushnet Holdings plans to list on the NYSE under the symbol GOLF. J.P. Morgan, Morgan Stanley, Nomura Securities, UBS Investment Bank, Credit Suisse, Daiwa Securities, Deutsche Bank, Jefferies and Wells Fargo Securities acted as lead managers on the deal.
The article Acushnet prices IPO at $17, below the range originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
