New York, NY - RiskMetrics Group, a leading provider of risk management and corporate governance products and services to participants in the global financial markets, announced today that its initial public offering of 14,000,000 shares of its common stock has been priced at $17.50 per share. RiskMetrics Group shares are expected to begin trading tomorrow, January 25, 2008, on the New York Stock Exchange under the symbol"RMG".
The company has granted the underwriters in the offering the option to purchase up to an additional 2,100,000 shares of common stock at the initial public offering price.
The offering was made through an underwriting syndicate led by Credit Suisse, Goldman, Sachs & Co. and Banc of America Securities LLC.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
A registration statement relating to these securities was declared effective as of January 24, 2008 by the Securities and Exchange Commission. An offer will be made only by means of a prospectus included in the registration statement. Copies of the prospectus may be obtained from Credit Suisse Securities (USA) LLC: Prospectus Department at One Madison Avenue, New York, NY 10010, telephone: 800-221-1037; Goldman, Sachs & Co.: Prospectus Department at 85 Broad Street, New York, NY 10004, fax: (212) 902-9316 or e-mail: firstname.lastname@example.org; or Banc of America Securities LLC: Capital Markets (Prospectus Fulfillment) by e-mail to email@example.com or by mail to Banc of America Securities LLC, Capital Markets Operations, 100 West 33rd Street, 3rd Floor, New York, NY 10001.