GrafTech International Ltd. filed documents late Tuesday signalling it planned to list its initial public offering on the New York Stock Exchange. The Ohio-based graphite manufacturer banked net income of $7.9 million in 2017, compared with losses of $235.8 million in the year-earlier period. Net sales were $550.8 million for 2017 up from $328 million, in the year-ago period. In the Securities and Exchange Commission filing, the company said it plans to raise $100 million, which is often a placeholder amount which it will update. J.P. Morgan and Credit Suisse acting as joint book running managers for the deal. The company plans to list under the ticker EAF.
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