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PlayAGS prices IPO at $16 low end

January 25, 2018
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PlayAGS, an Apollo-backed supplier of electronic slot machines in Native American casinos, raised $164 million by offering 10.25 million shares at $16, the low end of the range of $16 to $18. PlayAGS plans to list on the NYSE under the symbol AGS. Credit Suisse, Deutsche Bank, Jefferies, Macquarie Capital, BofA Merrill Lynch, Citi, Nomura Securities, Stifel and SunTrust Robinson Humphrey acted as lead managers on the deal.