Fabrinet, which provides foundry services to OEMs and sells application-specific bulk optical materials, filed on Friday with the SEC to raise up to $150 million in an initial public offering. The company, which was founded in 2000 and booked $392 million in sales over the last 12 months, plans to list on the NYSE under the symbol FN. Fabrinet had previously filed for a $250 million IPO earlier this year, but pulled the deal due to unfavorable market conditions. Morgan Stanley and Deutsche Bank are the lead underwriters on the deal, for which pricing terms and timing were not disclosed.
