TNS Announces Initial Public Offering of Common Stock

Wednesday 17 March 2004 14:34 CET | News

TNS, has announced initial public offering of 4,420,000 shares of common stock at a price of $18.00 per share.

The shares are being offered by an underwriting group managed by JPMorgan Securities, Inc. and Lehman Brothers Inc. and co-managed by Credit Suisse First Boston LLC, William Blair & Company L.L.C., and SunTrust Capital Markets, Inc. TNS, has granted the underwriters an option to purchase an additional 663,000 shares of common stock to cover over-allotments. TNS, Inc.s common stock will begin trading today on the NYSE under the symbol TNS.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce