Golden Gate Capital portfolio company US Silica has set a price range on its initial public offering, expecting $16 to $18 per share, according to a US Securities and Exchange Commission filing. The silica producer will offer around 11.8 million shares of common stock after its securities are approved by the SEC.
Golden Gate tests IPO window
Golden Gate portfolio company US Silica is expecting to raise around $243.5m for its public float, pricing the company between $16 and $18 per share.