Atotech closes IPO, raises $497.6 mn
Chemical

Atotech closes IPO, raises $497.6 mn

The offering was made through an underwriting group led by Citigroup, Credit Suisse, BofA Securities and J.P. Morgan, who acted as lead book-running managers.

  • By ICN Bureau | February 11, 2021

Atotech Limited, a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, closed its initial public offering of 29,268,000 shares of common stock at $17.00 per share. The gross proceeds to Atotech from the offering were approximately $497.6 million, before deducting the underwriting discount and offering expenses.

 

Shares of Atotech common shares began trading on the New York Stock Exchange on February 4, 2021, under the ticker symbol ‘ATC.’

 

The offering was made through an underwriting group led by Citigroup, Credit Suisse, BofA Securities and J.P. Morgan, who acted as lead book-running managers. Additional book-running managers were Barclays, Deutsche Bank Securities, Jefferies, RBC Capital Markets, UBS Investment Bank, Baird, BMO Capital Markets, and HSBC. The co-managers were TCG Capital Markets L.L.C. and Mischler Financial Group, Inc.

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