CBOE Sets Initial IPO Terms (CBOE)

Of the 11.7 million share offering, the exchange is selling 9,614,226 of the shares and selling stockholders (exchange members, firms, etc.) are offering 2,085,774 shares in this offering.

The common stock will trade on the NASDAQ Global Select Market under the “CBOE” stock ticker.  As previously noted, the underwriting group here is massive:

• Goldman Sachs is the sole global coordinator of the IPO;
• The joint book-running managers are Goldman Sachs, Merrill Lynch, Barclays Capital, Citadel Securities, Citigroup Global Markets, JPMorgan Securities, and UBS.
• Co-Managers are BMO Capital Markets, Credit Suisse Securities, Morgan Stanley, Oppenheimer & Co., Raymond James & Associates, Cabrera Capital Markets, Keefe Bruyette & Woods, Loop Capital Markets, Macquarie Capital (USA), Rosenblatt Securities, and Sander O’Neill & Partners.

The prior filing shows more detail about how many shares and more issues will be outstanding.  Today’s full SEC filing is available.

JON C. OGG