US: Delphi IPO priced at US$22 a share

Delphi has confirmed that the pricing of its IPO of 24,078,827 shares was US$22 per share – at the low end of the previously indicated US$22-24 range. Total proceeds to the selling shareholders, primarily Paulson & Co., were approximately US$530m (excluding an underwriters' option to purchase an additional 3,611,824 shares). Subscribe to Automotive World to … Continued

Delphi has confirmed that the pricing of its IPO of 24,078,827 shares was US$22 per share – at the low end of the previously indicated US$22-24 range. Total proceeds to the selling shareholders, primarily Paulson & Co., were approximately US$530m (excluding an underwriters' option to purchase an additional 3,611,824 shares).

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https://www.automotiveworld.com/articles/90469-us-delphi-ipo-priced-at-us-22-a-share/

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