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Thermon Group prices IPO at $12, the low end of the range

May 4, 2011
THR

Thermon Group Holdings, Inc., a global provider of industrial heat tracing solutions, raised $120 million by offering 10 million shares at $12, at the low end of the range of $12 to $14. Thermon Group Holdings, Inc. plans to list on the NYSE under the symbol THR. Barclays Capital and Jefferies & Co. acted as lead managers on the deal.