MRC Global files to sell 17M shares for selling stockholder Goldman, Sachs & Co. and Barclays Capital Inc. are serving as joint-bookrunning managers for the offering. BofA Merrill Lynch, Baird and Wells Fargo Securities are serving as lead managers. Stephens Inc., Raymond James, KeyBanc Capital Markets and William Blair are serving as co-managers.
News For MRC From The Last 14 Days
Check below for free stories on MRC the last two weeks.
Outlook for MRC Global positive into Q2 earnings, says KeyBanc KeyBanc expects MRC Global to report solid Q2 results and raise its guidance modestly. The firm expects the company's organic growth to be boosted by ramping frame agreements. It keeps a $32 price target and Buy rating on the shares.