Finance

Orthopedic implant, devices provider prices initial public offering

Published in Health and Medicine Week, January 3rd, 2005

Symmetry Medical Inc. (SMA) announced the pricing of an initial public offering of 8,000,000 shares of its common stock at $15.00 per share, all of which were offered by Symmetry Medical Inc.

The shares will trade on The New York Stock Exchange under the symbol "SMA." Banc of America LLC and Credit Suisse First Boston LLC acted as joint book-running managers, and Piper Jaffray & Co. and Wachovia Capital Markets, LLC acted as co-managers of the offering. Symmetry Medical has agreed to sell up to an additional 1,200,000 common shares to the underwriters to cover over-allotments, if any.

Proceeds from the offering will be used to repay a portion of...

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Source: Health and Medicine Week (2005-01-03)

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