RRSat Global Communications, an Israeli provider of leased satellite broadcast distribution and value-added services, priced 3.8 million shares in its IPO last night. The deal priced at $12.50, within its proposed $11-$13 range, giving the company a market cap of $201 million. The stock is expected to begin trading this morning on the NASDAQ under the ticker RRST. CIBC World Markets and Thomas Weisel managed the deal.
