Endeavor Group Holdings, a global entertainment production company and talent agency, raised $511 million by offering 21.3 million shares (all primary) at $24, the high end of the range of $23 to $24. Several investors have also agreed to invest $1.79 billion in a concurrent private placement, with 76% of the shares sold by Endeavor and 24% by existing shareholder KKR. Endeavor Group Holdings plans to list on the NYSE under the symbol EDR. Morgan Stanley, Goldman Sachs, J.P. Morgan, Deutsche Bank, Barclays, Citi, Credit Suisse, Evercore ISI, HSBC, Jefferies, Moelis & Company, Piper Sandler, RBC Capital Markets and UBS Investment Bank acted as lead managers on the deal.
