Austin-based CreditCards.com disclosed the terms of their Initial Public Offering (IPO) today.
The company is basically a demand generation website for credit card issuers. They plan to issue approximately 10.7 million shares of stock at an offering price of $13-$15 per share.
The company could raise approximately $100M in funds from this offering, led by Credit Suisse, and followed by Citigroup, BMO, and Thomas Weisel.
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