Deal conducted by UBS, Credit Suisse, J.P. Morgan, VTB Capital, Cowen
By Devika Patel
Knoxville, Tenn., June 26 - Luxoft Holding, Inc. said it priced its $34.78 million initial public offering of stock. The company expects its shares to trade on the NYSE exchange under the symbol "LXFT."
The company will sell 2,046,035 class A ordinary shares at $17.00 per share.
The deal is being conducted by joint bookrunning managers UBS Ltd., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, VTB Capital plc and Cowen and Co., LLC.
Settlement is expected July 1.
The provider of software development services and IT solutions is based in Tortola, British Virgin Islands.
| Issuer: | Luxoft Holding, Inc.
|
| Issue: | Class A ordinary shares
|
| Amount: | $34,782,595
|
| Shares: | 2,046,035
|
| Price: | $17.00
|
| Warrants: | No
|
| Bookrunners: | UBS Ltd., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, VTB Capital plc and Cowen and Co., LLC
|
| Pricing date: | June 26
|
| Settlement date: | July 1
|
| Stock symbol: | NYSE: LXFT
|
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