NIQ Global Intelligence plc announced the pricing of its initial public offering of 50,000,000 ordinary shares at $21.00 per ordinary share. This offering successfully raised $1.05 billion in gross proceeds for the company. The underwriters have a 30-day option to purchase up to an additional 7,500,000 ordinary shares from the selling shareholder.
The company's ordinary shares are expected to begin trading on the New York Stock Exchange on July 23, 2025, under the ticker symbol "NIQ." The offering is anticipated to close on July 24, 2025, subject to customary closing conditions.
NIQ intends to use the net proceeds from the offering, along with available cash, to repay approximately $533.4 million of outstanding borrowings under its revolving credit facility and a portion of its US term loan facility. Any remaining net proceeds will be allocated to working capital and general corporate purposes.
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