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Moelis & Company prices IPO at $25, below the range

April 15, 2014
MC

Moelis & Company, a global independent investment bank and financial advisor, raised $163 million by offering 6.5 million shares at $25, below the range of $26 to $29. Moelis & Company plans to list on the NYSE under the symbol MC. Moelis & Company initially filed confidentially on 1/17/2014. Goldman Sachs, Morgan Stanley, Moelis & Company, J.P. Morgan and UBS acted as lead managers on the deal.