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NIQ Global Intelligence plc announced the pricing of its initial public offering at $21.00 per ordinary share for 50,000,000 shares, according to a company statement. The offering is expected to raise $1.05 billion.
Underwriters have a 30-day option to purchase up to an additional 7,500,000 ordinary shares from a selling shareholder at the offering price, minus underwriting discounts and commissions.
The consumer intelligence company’s ordinary shares are expected to begin trading on the New York Stock Exchange on July 23, 2025, under the ticker symbol NYSE: NIQ. The offering is expected to close on July 24, 2025, subject to customary closing conditions.
NIQ plans to use net proceeds from the offering, along with available cash, to repay amounts outstanding under its revolving credit facility and a portion of amounts outstanding under its US term loan facility. Any remaining net proceeds will be used for working capital and general corporate purposes. The company will not receive proceeds from shares sold by the selling shareholder.
J.P. Morgan, BofA Securities, UBS Investment Bank, Barclays and RBC Capital Markets are serving as joint lead book-running managers. Citigroup, Wells Fargo Securities, BNP Paribas, Deutsche Bank Securities, BMO Capital Markets and KKR are also acting as joint book-running managers.
The Securities and Exchange Commission declared the registration statement on Form S-1 effective on July 22, 2025. NIQ describes itself as a consumer intelligence company that combined with GfK in 2023, with operations spanning over 90 countries.