SolarWinds, a provider of IT management software, began trading on the New York Stock Exchange (NYSE) under the ticker symbol "SWI.” The company set the initial public offering of 25,000,000 shares of its common stock at a price to the public of $15 per share.
Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Credit Suisse Securities (USA) LLC are acting as joint lead book-running managers for the offering. BofA Merrill Lynch, Barclays Capital Inc., Citigroup Global Markets Inc., Evercore Group L.L.C., Jefferies LLC, Macquarie Capital (USA) Inc., Nomura Securities International, Inc. and RBC Capital Markets, LLC are acting as joint book-running managers. JMP Securities LLC, KeyBanc Capital Markets Inc., Mischler Financial Group, Inc., Robert W. Baird & Co. Incorporated, Samuel A. Ramirez & Company, Inc. and SunTrust Robinson Humphrey, Inc. are acting as co-managers.
The shares are being sold pursuant to a registration statement declared effective by the Securities and Exchange Commission on October 18, 2018. Copies of the registration statement can be accessed through the SEC's website at www.sec.gov.