Carlyle Set Price Range for Impending IPO at $23 to $25
April 17, 2012
Private equity behemoth Carlyle expects to offer 30.5 million shares priced between $23 to $25 apiece, putting the total value of the offering at $732 million if shares are priced at the midpoint of the range. The firm is second only to The Blackstone Group in terms of AUM for PE/buyout firms. J.P. Morgan, Citigroup and Credit Suisse are acting as lead underwriters.