Nine Energy Service, an SCF-backed provider of well completion and production services, raised $161 million by offering 7 million shares at $23, the high end of the range of $20 to $23. Nine Energy Service plans to list on the NYSE under the symbol NINE. J.P. Morgan, Goldman Sachs, Wells Fargo Securities, BofA Merrill Lynch and Credit Suisse acted as lead managers on the deal.
The article Nine Energy Service prices IPO at $23, the high end of 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.