Nexi to price at €9 as long-only funds pile in

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By Sam Kerr
11 Apr 2019

Nexi, the Italian payments firm listing in Milan, is to price its IPO at €9 a share, just off the bottom of its initial price range.

Bank of AmericaCredit SuisseGoldman Sachs and Mediobanca are the global coordinators on the IPO. Banca Akros, BarclaysCitiHSBC, MPS Capital Services, UBI Banca, UBS and UniCredit are bookrunners.

At the initial price range of €8.50-€10.35, Nexi had a potential market capitalisation of €5.4bn-€6.4bn. The new ...

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