Apollo Global Management-backed industrial company Rexnord is making another attempt to go public and has filed for an IPO of up to $700 million. The company previously filed for an IPO in 2008 but withdrew its registration the following year. Rexnord now intends to list on the NYSE under the symbol RXN. Net proceeds from the offering are expected to be used to redeem senior subordinated notes, to terminate a management services agreement with Apollo and for general corporate purposes. Apollo owns a 93.8% stake in Rexnord but will not be selling shares in the offering.