NYMEX Holdings, Inc, the parent company of the New York Mercantile Exchange, Inc has filed a registration statement with the SEC for a proposed IPO of its common stock.
NYMEX Holdings, Inc, the parent company of the New York Mercantile Exchange, Inc has filed a registration statement with the SEC for a proposed IPO of its common stock.
In addition to the shares of common stock to be sold in the offering by NYMEX, additional shares may be included by existing stockholders, who will be afforded the opportunity to sell in the offering.
NYMEX stated: 'The timing of the initial public offering is dependent upon several factors, including market conditions, regulatory review and approval, as well as NYMEX stockholder approval. As a result, both the Registration Statement and the Proxy will be amended in the future'.
The joint book-running managers of the offering are JPMorgan and Merrill Lynch & Co. The co-managers are Bank of America Securities LLC, Citigroup, Lehman Brothers and Sandler O'Neill + Partners, LP.
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