Goldman Sachs, Credit Suisse, BofA Merrill Lynch, UBS are bookrunners
By Devika Patel
Knoxville, Tenn., Oct. 3 – Yodlee, Inc. said it priced its $75 million initial public sale of stock with an $11.25 million greenshoe on Thursday. The deal was announced June 30.
The company will sell 6.25 million common shares at $12.00 per share.
Goldman Sachs & Co. and Credit Suisse Securities (USA) LLC are the lead bookrunners, and BofA Merrill Lynch and UBS Investment Bank are the joint bookrunners.
Proceeds will be used for general corporate purposes.
The Redwood City, Calif., company offers a technology and applications platform for digital financial services. The company intends to list its common stock on the Nasdaq under the symbol “YDLE.”
| Issuer: | Yodlee, Inc.
|
| Issue: | Common stock
|
| Amount: | $75 million
|
| Greenshoe: | $11.25 million
|
| Shares: | 6.25 million
|
| Price: | $12.00
|
| Warrants: | No
|
| Lead bookrunners: | Goldman Sachs & Co. and Credit Suisse Securities (USA) LLC
|
| Bookrunners: | BofA Merrill Lynch and UBS Investment Bank
|
| Co-manager: | Pacific Crest Securities LLC
|
| Announcement date: | June 30
|
| Pricing date: | Oct. 2
|
| Stock symbol: | Nasdaq: YDLE
|
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