{"id":7304,"date":"2019-05-07T16:05:24","date_gmt":"2019-05-07T23:05:24","guid":{"rendered":"https:\/\/origin-www.parsons.com\/?p=7304"},"modified":"2019-05-07T16:59:15","modified_gmt":"2019-05-07T23:59:15","slug":"parsons-corporation-announces-pricing-of-initial-public-offering","status":"publish","type":"post","link":"https:\/\/www.parsons.com\/2019\/05\/parsons-corporation-announces-pricing-of-initial-public-offering\/","title":{"rendered":"Parsons Corporation Announces Pricing of Initial Public Offering"},"content":{"rendered":"

\"\"<\/span><\/p>\n

CENTREVILLE, Va.<\/span>,\u00a0May 7, 2019<\/span>\u00a0\/PRNewswire\/ —\u00a0Parsons Corporation (“Parsons”), a provider of technology-driven solutions in the defense, intelligence and critical infrastructure markets, today announced the pricing of its initial public offering of 18,518,500 shares of its common stock at a price to the public of\u00a0$27.00<\/span>\u00a0per share. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 2,777,775 shares of common stock. The shares are expected to begin trading on the New York Stock Exchange on\u00a0May 8, 2019<\/span>, under the ticker symbol “PSN.” The closing of the offering is expected to occur on\u00a0May 10, 2019<\/span>, subject to the satisfaction of customary closing conditions.<\/p>\n

Goldman Sachs & Co. LLC, BofA Merrill Lynch and Morgan Stanley are serving as joint lead book-running managers for the offering. Jefferies and Wells Fargo Securities are serving as Senior Co-Managers and Cowen, SunTrust Robinson Humphrey, MUFG and Scotiabank are serving as Co-Managers for the offering.<\/p>\n

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission and was declared effective on\u00a0May 7, 2019<\/span>. The offering will be made only by means of a prospectus. A copy of the final prospectus relating to this offering may be obtained, when available, from any of the following sources:<\/p>\n