International Coal Group, Inc. ICO announced this morning that it has priced its common stock offering at $7.35 per share.
The offering comes from affiliates of each of WL Ross & Co. and Fairfax Financial Holdings Limited, respectively, at a public offering price of $7.35 per share.
Bank of America Merrill Lynch acted as the sole book-running manager for the offering.
Shares are up 6 cents in pre-market trading to $7.15.
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