Renaissance Capital logo

Keep on truckin': Schneider National prices IPO at $19 midpoint

April 6, 2017
SNDR

Schneider National, a second largest US trucking company offering truckload, intermodal and logistics, raised $550 million by offering 28.9 million shares at $19, within the range of $18 to $20. Schneider National plans to list on the NYSE under the symbol SNDR. Morgan Stanley, UBS Investment Bank, BofA Merrill Lynch, Citi, Credit Suisse, J.P. Morgan and Wells Fargo Securities acted as lead managers on the deal.