Huntsman, a global manufacturer of differentiated and commodity chemical products, released pricing terms for its upcoming IPO on Friday. A total of 55.7 million shares will be offered, including 4.5 million by selling shareholders, at a proposed range of $21 to $23. Assuming the deal prices at the midpoint of its proposed range, Huntsman would have a large initial market cap of $4.75 billion. Citigroup, the lead manager on the deal, expects to price the IPO on February 9th. The company has filed to be traded on the NYSE under the ticker HUN.
