Delphi Automotive has announced on Wednesday that the public offering IPO is priced at $ 22 a share, in the previously expected range of 22-24 U.S. dollars lower end. The Delphi sold a total of 24,078,827 stocks.
The shares sold all the shares from the owners of Delphi Automotive Corporation, sold the stock after this part, the owner of these shares will immediately change. The public offering will raise funds of about $ 530 million.
Delphi Automotive has been the company's stock on Thursday for the first time in American Stock Exchange trading under the symbol DLPH. Delphi is responsible for the public offering the underwriters may purchase within 30 days of Delphi's stock sold, a maximum of 3,611,824 sticks.
Delphi Automotive Corporation is responsible for the IPO market investors will filing shall include: Goldman Sachs, JP Morgan Securities Ltd., Bank of America Merrill Lynch, Barclays Capital, Citigroup Global Markets Limited, Deutsche Bank Securities Inc. and Morgan Stanley .
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