RSG raises additional $200mn through greenshoe option
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RSG raises additional $200mn through greenshoe option

James Thaler
July 26, 2021
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Wholesale broker Ryan Specialty Group (RSG) has raised an additional $200mn from the underwriters of its initial public offering, bringing the total gross proceeds of its listing to $1.54bn, the intermediary said on Monday.

The company’s investment banks had the ability to purchase a roughly additional 8.5 million shares in a 30-day window, at the offering’s initial $23.50-per-share

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News Brokers Ryan Specialty
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James Thaler
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