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Select Energy Services prices IPO at $14, below the range

April 20, 2017
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Select Energy Services, which provides comprehensive water services for hydraulic fracturing, raised $122 million by offering 8.7 million shares at $14, below the range of $15 to $18. Select Energy Services plans to list on the NYSE under the symbol WTTR. Credit Suisse, FBR Capital Markets, Wells Fargo Securities, BofA Merrill Lynch, Citi and J.P. Morgan acted as lead managers on the deal.