Renaissance Capital logo

Frank's International prices IPO above the range at $22

August 8, 2013
FI

Frank's International, a global provider of tubular services to the oil and gas industry, raised $660 million by offering 30.0 million shares (all primary) at $22, above the range of $19 to $21. Frank's International plans to list on the NYSE under the symbol "FI". Barclays, Credit Suisse and Simmons & Co. acted as lead managers on the deal.