Trading Report: The Forterra (FRTA) to Raise $368 Million in IPO

The Forterra (FRTA) to Raise $368 Million in IPO

Forterra (FRTA) is planning to raise $368 million in an initial public offering (IPO) on Thursday, October 20th. The company will be issuing 18,400,000 shares at $19.00-$21.00 per share.

In the last year, Forterra generated $1.2 billion in revenue and had a net loss of $21.1 million. The company has a market-cap of $1.3 billion.

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