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11|02|2007 12:13 pm EDT

NameMedia files for $172.5 million IPO

by Frank Michlick in Categories: News, Up to the Minute

Nov 2 (Reuters) – NameMedia Inc filed with U.S. regulators on Friday to raise up to $172.5 million in an initial public offering of common stock.Credit Suisse, Jefferies & Co Inc, Bank of America Securities and RBC Capital Markets are underwriting the IPO, the online media company told the U.S. Securities and Exchange Commission in a preliminary prospectus.

The company plans to list its shares on the Nasdaq under ticker symbol “NAME.”

[via Reuters, email from Mike Mann]

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3 Comments

[…] congratulations to the folks at NameMedia, who according to Reuters and a post on DomainNameNews.com filed with US regulators to raise up to $172.5 million in an IPO.  The company plans to list its […]

Jon Kimball

November 2, 2007 @ 5:20 pm EDT

Congratulations to all the folks at NameMedia. And you gotta love that “NAME” ticker symbol. Priceless.

[…] NameMedia, Inc. [yesterday] announced that it has established a new $125 million, five-year credit facility. The financing was arranged by Banc of America Securities LLC who will also serve as administrative agent. A syndicate of banks and institutional lenders is participating in the facility with Bank of America. The financing was used in part to repay all obligations outstanding under the Company’s prior credit facility. The remainder of the facility is available for general corporate purposes, including acquisitions. The company also recently filed for an IPO. […]

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