Centuri Holdings Inc (Ticker: CTRI US) is an engineering and construction company specializing in building and maintaining energy networks across the United States and Canada. This company is a unit of Southwest Gas Holdings and operates with over 12,500 employees in 43 U.S. states and two Canadian provinces. Centuri Holdings Inc plans to list on the New York Stock Exchange.
The IPO is scheduled for April 18, 2024, with an expected price range of USD 18.00 to 21.00 per share. The company is offering 12.4 million shares and aims to raise approximately USD 260.4 million. Additionally, a greenshoe option of 1.86 million shares is available, indicating potential for an oversubscription. The IPO is managed by UBS Investment Bank, Baird Holding Co, BofA Securities, JP Morgan, KeyBanc Capital Markets, Siebert Williams Shank & Co LLC, and Wells Fargo Securities LLC.