ProPetro Holding, a a leading provider of hydraulic fracturing services in the Permian Basin, raised $350 million by offering 25 million shares (47% from selling shareholders) at $14, below the range of $16 to $19. The company had originally filed to sell 20 million shares (still 47% from insiders) before upsizing the deal on the pricing. ProPetro Holding plans to list on the NYSE under the symbol PUMP. Goldman Sachs, Barclays, Credit Suisse and J.P. Morgan acted as lead managers on the deal.
