GreenSky Inc. sold 43,700,000 shares of its class A common stock in its initial public offering, for gross proceeds of about $1.01 billion.
Those shares included 5,700,000 shares of the company's class A common stock under the underwriters' option to buy additional shares, which they fully exercised at the IPO price of $23 per share.
Goldman Sachs & Co. LLC, J.P. Morgan and Morgan Stanley acted as joint lead book-running managers and as representatives of the underwriters for the offering. Bank of America Merrill Lynch, Citigroup, Credit Suisse and SunTrust Robinson Humphrey also acted as book-running managers. Raymond James, Sandler O'Neill & Partners LP, Fifth Third Securities and Guggenheim Securities acted as co-managers.
The company's shares started trading on the Nasdaq Global Select Market on May 24 under the symbol GSKY.
