GrafTech International, a vertically-integrated manufacturer of graphite electrodes used in steelmaking, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.
The Brooklyn Heights, OH-based company was founded in 1886 and booked $551 million in sales for the 12 months ended December 31, 2017. It plans to list on the NYSE under the symbol EAF. J.P. Morgan, Credit Suisse, Citi, RBC Capital Markets, HSBC Corp. and BMO Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.
