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RBC Bearings IPO priced at $14.50 per share.

Resource from:  CBCC Likes:2941
Aug 10,2005
NEW YORK, Aug 9 (Reuters) - The initial public offering of RBC Bearings priced at $14.50 per share an underwriter said on Tuesday, which was within its estimated pricing range. The company, which makes roller and ball bearings, priced 9.288 million shares. RBC had set the planned offering of 8.17 million shares at $14 to $16 per share, but then raised the size of the deal to 8.29 million shares. Merrill Lynch & Co., KeyBanc Capital Markets and Jefferies & Co. are underwriting the offering. The company intends to trade on the Nasdaq under the symbol "ROLL" .
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