Edgen Group, a global distributor of specialty energy products serving over 1,800 customers in the oil and natural gas end markets, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. The Baton Rouge, LA-based company, whose predecessor was founded in 2005, booked $1.25 billion in pro forma sales in 2010. Edgen Group plans to list on the NYSE under the symbol EDG. Jefferies & Co., Morgan Stanley and Citi are the lead underwriters on the deal, for which pricing terms and timing were not disclosed. Edgen Group's filing brings the total number of initial submissions to the SEC this year to 260, surpassing last year's 259.
