Metaldyne Performance Group prices IPO 12/12/2014

Metaldyne Performance Group prices IPO
12/12/2014 18:15
Metaldyne Performance Group Inc. announced the pricing of its initial public offering of 10,000,000 shares of common stock at a price to the public of USD 15 per share. All of the shares in the offering are being offered by an affiliate of American Securities LLC, ASP MD Investco LP. The shares are expected to begin trading on December 12, 2014 on the New York Stock Exchange under the symbol "MPG." The closing of the offering is expected to occur on December 17, 2014, subject to the satisfaction of customary closing conditions. BofA Merrill Lynch, Goldman, Sachs & Co., Deutsche Bank Securities Inc., Barclays Capital Inc., Credit Suisse Securities (USA) LLC and RBC Capital Markets, LLC are acting as joint book-running managers for the offering. Robert W. Baird & Co. Incorporated is acting as lead co-manager for the offering and KeyBanc Capital Markets Inc. and Nomura Securities International, Inc. are acting as co-managers for the offering.