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Manufacturing company Chart Industries announces terms for its IPO

June 28, 2006

Chart Industries, a manufacturer of equipment used in the production, storage and end-use of hydrocarbon and industrial gases, announced the terms for its IPO on Wednesday. The Ohio based compnay plans to offer 12.5 million shares at a range of $19-$21 with a proposed market cap of $544 million. Joint book runners Morgan Stanley, Lehman Brothers and UBS have yet to announce timing for the deal.