IPO News Archive
PBF Energy prices IPO at $26, within the range
PBF Energy, the US's fifth-largest independent refiner, raised $520 million by offering 20 million shares at $26.00, within the range of $25 to $27. The company had originally planned to offer 16.5 million shares before upsizing the deal. PBF Energy plans to list on the NYSE under the symbol PBF. Citi, Morgan Stanley, Credit Suisse and Deutsche Bank were the bookrunners on the deal.