Private equity-backed clothing retailer DTLR has priced its IPO at $12 and $14 per share.
The company has applied to list on the NASDAQ exchange under the symbol DTLR, according to a document filed with US securities regulators.
DTLR, which is backed by private equity firms Bruckmann, Rosser, Sherrill & Co and Golub Capital, plans to sell nearly 5.8m shares which would be worth more than $80m at the top of the indicative price range.
Baird, Piper Jaffray, Stifel, Canaccord Genuity and SunTrust Robinson Humphrey are acting as underwriters for the IPO.
In July this year AltAssets reported that one of the company’s backers, Golub Capital, had raised $808.2m for its eigth fund, eclipsing the $540m secured by its previous vehicle in 2010.
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