Primerica, a spin-off of Citibank's life insurance and financial services businesses, raised $320 million by offering 21.36 million shares at $15. It had originally planned to sell 18 million shares at a range of $12-$14. It is the third IPO this year to price above the range, after Financial Engines (FNGN) and MaxLinear (MXL). Primerica will list on the NYSE tomorrow under the symbol PRI. Citi acted as the lead manager on the deal.
