On Deck Capital prices IPO at $20, above the range
Summary
On Deck Capital, which had originated over $1 billion in small business loans through its OnDeck online platform, raised $200 million by offering 10 million shares at $20, above the range of $16 to $18. It planned to list on the NYSE under the symbol ONDK, had first filed confidentially on 8/21/2014, and used Morgan Stanley, BofA Merrill Lynch, J.P. Morgan, Deutsche Bank and Jefferies & Co. as lead managers.
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“On Deck Capital prices IPO at $20, above the range.”
Original at www.renaissancecapital.com. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/ondeck-ipo-pricing-2014-12-17-0196223678/
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On Deck Capital prices IPO at $20, above the range ONDK On Deck Capital, which has originated over $1 billion in small business loans through its OnDeck online platform, raised $200 million by offering 10 million shares at $20, above the range of $16 to $18. On Deck Capital plans to list on the NYSE under the symbol ONDK . On Deck Capital initially filed confidentially on 8/21/2014. Morgan Stanley, BofA Merrill Lynch, J.P. Morgan, Deutsche Bank and Jefferies & Co. acted as lead managers on the deal.
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