Pinterest NYSE IPO

18/4/2019

IPO

Value:

$ 1.4 billion

Status:

Completed

Date:

18/4/2019

Overview:

Social media company Pinterest has completed its NYSE IPO.
Pinterest raised $1.4 billion through its IPO, giving the company a $12.7 billion valuation.
The offering occurred in the midst of a frothing IPO market, with Lyft and Uber pricing IPOs earlier in the month.
The underwriters were led by Goldman Sachs and JP Morgan Securities.

Kurt Stumpo - US Editor

Jurisdiction:

United States

Deal type:

IPO

Practice area:

Capital markets : Equity

Governing law:

United States

Industry sector:

Technology and telecommunications

Firms:

Cleary Gottlieb Steen & Hamilton

Party: Pinterest (Issuer)

Skadden Arps Slate Meagher & Flom

Party: Goldman Sachs (Underwriter)

Party: JP Morgan Securities (Underwriter)

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