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Coal-Mining Company Contura Energy Sets Terms For $162M IPO

by posted 1year ago 450 views
Contura Energy, Inc. set terms Monday for its initial public offering of up to $162 million. The coal mining company set a price range of $23 to $27 per share with 6,000,000 shares sold by selling stock holders. The stockholders have also granted the underwriters a 30-day option to buy an additional 900,000 shares of stock. Shares are expected to trade on the New York Stock Exchange under the symbol "CTRA." Citigroup, Jefferies, Credit Suisse and UBS Investment Bank were the underwriters on the offering. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they...