Market Pulse
By Mike Murphy
Published: Jun 11, 2020 11:05 pm ET
Azek Co. late Thursday priced its initial public offering at $23 a share, above its expected range of $19 to $21 each. The maker of sustainable building materials will offer 33.25 million shares to raise $764.8 million. The deal is being underwritten by 14 banks, led by Barclays. Azek is expected to begin trading Friday on the New York Stock Exchange under the ticker symbol "AZEK."
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