Lou
03-22-2007, 12:20 PM
NEW YORK, March 21 /PRNewswire-FirstCall/ -- NYMEX Holdings, Inc. NMX, the parent company of the New York Mercantile Exchange, Inc. (NYMEX), today announced the pricing of its secondary offering of 7,000,000 shares of its common stock at $136.50 per share.
The shares are being offered by NYMEX stockholders who elected to sell shares. NYMEX will not receive any of the proceeds from the offering. In addition, the underwriters have an option to purchase up to an additional 1,050,000 shares to cover possible over-allotments. The offering is expected to close on March 27, 2007, subject to customary closing conditions.
The shares are being offered by NYMEX stockholders who elected to sell shares. NYMEX will not receive any of the proceeds from the offering. In addition, the underwriters have an option to purchase up to an additional 1,050,000 shares to cover possible over-allotments. The offering is expected to close on March 27, 2007, subject to customary closing conditions.