KBR Closes IPO

KBR, the engineering, construction and services subsidiary of Halliburton, said that it has closed its initial public offering of 32,016,000 shares of common stock at a price of $17.00 per share. The number of shares of common stock issued at closing included 4,176,000 shares subject to the underwriters' over-allotment option. KBR received approximately $508 million of proceeds from the offering, net of underwriting fees and estimated expenses.

The lead underwriters for the offering were Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co., and UBS Securities LLC.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Project Controls Specialist
Expertise: Planner / Scheduler|Project Controls
Location: Anchorage, AK
 
Senior Budget Analyst Job
Expertise: Accounting|Budget / Cost Control|Financial Analyst
Location: Denver, CO
 
US Houston, Texas: Operations Finance Manager
Expertise: Accounting|Financial Analyst
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours