Vantage Energy plans to raise $100 million in IPO

Vantage Energy Inc. said late Tuesday it will seek to raise up to $100 million in an initial public offering, according to a Securities and Exchange Commission filing. Vantage plans to list on the NYSE under the ticker symbol “VEI”. Goldman Sachs, Barclays, Credit Suisse, Citigroup, J.P. Morgan, and Wells Fargo Securities are listed as joint book-running managers. Back in September 2014, the oil and gas exploration company was planning an IPO to raise up to $731 million, but ended up postponing the offering citing market conditions.

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From:: Stock Market News

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