NMI Holdings Prices IPO - Quick Facts

(RTTNews) - NMI Holdings Inc., (NMIH), the parent company of National Mortgage Insurance Corporation, announced the pricing of its initial public offering of 2,103,395 shares of common stock at a public offering price of $13.00 per share. The common stock is expected to begin trading on November 8, 2013 on the NASDAQ under the symbol, NMIH. The company is offering 2.1 million shares of its common stock and the selling stockholders are offering a total of 3,395 shares of common stock. The underwriters of the offering have a 30-day option to purchase up to an additional 315 thousand shares of common stock from the company at the initial public offering price, less underwriting discounts and commissions, to cover over-allotments, if any.

NMI Holdings expects the offering to close on November 14, 2013.