Schneider National NYSE IPO

11/4/2017

IPO

Value:

$ 550 million

Status:

Completed

Date:

11/4/2017

Overview:

Transportation and logistics services company Schneider National has undertaken a $550 million IPO on the NYSE.
Schneider's class B common stock began trading on April 6.
The IPO stands out amid what is currently a slow equity cycle in the US.
The underwriters were led by Morgan Stanley, UBS Securities and Merrill Lynch Pierce Fenner & Smith.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

IPO

Practice area:

Capital markets : Equity

Governing law:

United States

Industry sector:

Shipping

Firms:

Cravath Swaine & Moore

Party: Schneider National (Issuer)

Lawyer: Richard Hall

Simpson Thacher & Bartlett

Party: Morgan Stanley (Underwriter)

Party: UBS Securities (Underwriter)

Party: Merrill Lynch Pierce Fenner & Smith (Underwriter)

Lawyer: Ryan Bekkerus

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