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PRI News

Primerica quiet period ends May 10

PRI

Primerica, a spin-off of Citibank's life insurance and financial services businesses, will see its quiet period end on Monday, May 10th. On March 31st, the company raised $320.4 million by offering 21.4 million shares at $15, above the initial range of $12-$14....read more

Another positive week for the IPO market marks first quarter end

PRI

The end of the first quarter was marked by another positive week in the IPO market, with four deals raising a total of $710 million. Citi's life insurance unit Primerica (PRI),...read more

Citi's Primerica prices IPO at $15, above the range

PRI

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...read more

5 IPOs planned for the week of Mar 29

The following IPOs are expected to price this week:

Meru Networks (MERU), which provides wireless LAN solutions to small and large enterprises, plans to raise $61 million...read more