GSE Holding, a provider of containment solutions for use in mining, waste management and water infrastructure, announced terms for its IPO on Wednesday. The Houston, TX-based company plans to raise $126 million by offering 9 million shares at a price range of $13 to $15. At the mid-point of the proposed range, GSE Holding will command a market value of $258 million. GSE Holding, which was founded in 1981 and booked $444 million in sales for the 12 months ended September 30, 2011, plans to list on the NYSE under the symbol GSE. Oppenheimer & Co. and FBR Capital Markets are the lead underwriters on the deal.
