Renaissance Capital logo

West Corporation prices IPO at $20, below the range

March 21, 2013

West Corporation, a leading conferencing and call center provider LBO'd by TH Lee and Quadrangle, raised $426 million by offering 21.3 million shares at $20, below the range of $22 to $25. West Corporation plans to list on the NASDAQ under the symbol WSTC. Goldman Sachs, Morgan Stanley, BofA Merrill Lynch, Barclays, Citi, Deutsche Bank and Wells Fargo acted as joint bookrunners on the deal.