Fairmount Santrol Prices 25 Mln Shares Of IPO At $16/shr - Quick Facts

(RTTNews) - Fairmount Santrol on Friday said it has priced its initial public offering of 25 million common shares at $16.00 per share. The underwriters will have a 30-day option to buy up to an additional 3.75 million shares.

The offering is expected to close on or about October 8 and the shares are expected to begin trading on the NYSE under the symbol "FMSA" on October 3.

Morgan Stanley & Co. LLC; Wells Fargo Securities, LLC; Barclays Capital Inc.; Goldman, Sachs & Co.; Jefferies LLC; J.P. Morgan Securities LLC; KeyBanc Capital Markets Inc. and RBC Capital Markets, LLC are acting as book-running managers for the offering.