NewPage Group IPO

Until recently, it was another paper company called Verso Paper which came out with its IPO Plans. Now, another company from the paper sector has jumped onto the IPO business.

Coated paper manufacturer NewPageGroup has plans to come out with its IPO or initial public offering.

What is the capital to be raised NewPageGroup IPO?
The NewPageGroup IPO plans to raise around 805 million US Dollars through its IPO.

Who will be the underwriters for the NewPageGroup IPO?
Goldman Sachs will be the lead underwriters of the issue.

Which ticker symbol has been selected by NewPageGroup IPO?
The NewPageGroup IPO plans to list its share on the New York Stock Exchange under the symbol “NWP”.

What are the business valuations of the NewPageGroup IPO?
The company calls itself the largest coated paper manufacturer in North America based on production capacity, with 25 paper machines at 12 mills.
Coated paper is used in media and marketing applications, such as corporate annual reports, high-end advertising brochures, and magazines

What are the financial results and business valuations of the NewPageGroup IPO?
The recent past results have not been so impressive. In 2007, NewPageGroup IPO reported a net loss of $23 million on $2.17 billion of net sales.

When will the NewPageGroup IPO be brought to the market?
The subscription dates for the IPO have not been finalized yet. Nor is it clear how many shares will be offered for sale by the NewPageGroup IPO. The price band is also not disclosed. The company has filed the IPO application to the SEC or the Securities and Exchange Commission recently.

Let’s see how this IPO from NewPageGroup performs once its opens up for subscrition.

Table of Contents