Party City Holdco Inc. (“Party City”) (NYSE:PRTY) opened for trading
today on the New York Stock Exchange (NYSE) under the ticker symbol
“PRTY” after its initial public offering on the floor of the NYSE.
Barclays is the Designated Market Maker for the company’s stock.
The NYSE trading floor during the Party City IPO. (Photo: Business Wire)
CEO James M. Harrison, joined by members of Party City’s leadership
team, commemorated the company’s public debut by ringing the NYSE
Opening Bell® and visiting the trading floor to watch the
stock open.
“We’re excited to welcome Party City to the NYSE’s community of the
world’s most recognized brands,” said NYSE Group Global Head of Capital
Markets, Garvis Toler. “Party City is a leading party goods retailer and
a destination for customers celebrating life’s memorable events,
including today’s once in a lifetime IPO on the floor of the New York
Stock Exchange. We look forward to many more milestones with the company
as part of the NYSE family of listed companies.”
Click here for video
of Party City’s IPO on the NYSE. Broadcast quality footage is available
via the NYSE Broadcast Center at 212.656.5483 or nyse-broadcastcenter@theice.com.
The NYSE is home to many of the world's most iconic brands, technology
business leaders and emerging growth companies shaping today's global
economic landscape. Year-to-date, NYSE IPOs have raised $4.1 billion in
combined proceeds, more than any other US exchange. For more information
on listing on the New York Stock Exchange, visit https://www.nyse.com/why-nyse.
About NYSE Group
NYSE Group is a wholly-owned subsidiary of Intercontinental Exchange
(NYSE:ICE), operator of the leading global network of exchanges and
clearing houses. NYSE Group operates multi-asset exchanges, and a range
of related data products and technology services. The company’s equity
exchanges - the New York Stock Exchange, NYSE MKT and NYSE Arca - trade
more U.S. equity volume than any other exchange group. NYSE is the
global leader in capital raising for listed companies, including the
majority of technology IPOs globally since 2012. The company’s equity
options markets, NYSE Arca Options and NYSE Amex Options offer
complementary market models. NYSE Group also provides comprehensive
global connectivity services and a range of market data products to
support efficient, transparent markets.
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) operates the leading network of
regulated exchanges and clearing houses. ICE’s futures exchanges and
clearing houses serve global commodity and financial markets, providing
risk management and capital efficiency. The New York Stock Exchange is
the world leader in capital raising and equities trading.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock
Exchange. Information regarding additional trademarks and intellectual
property rights of Intercontinental Exchange, Inc. and/or its affiliates
is located at www.intercontinentalexchange.com/terms-of-use.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995 - Statements in this press release regarding ICE's business that
are not historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of additional risks and
uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see ICE's Securities and
Exchange Commission (SEC) filings, including, but not limited to, the
risk factors in ICE's Annual Report on Form 10-K for the year ended
December 31, 2014, as filed with the SEC on February 5, 2015.
About Party City
Party City Holdco Inc. is the leading party goods retailer in North
America and the largest vertically integrated supplier of decorated
party goods globally. The Company is a popular one-stop shopping
destination for party supplies, balloons, and costumes. In addition to
being a great retail brand, Party City Holdco Inc. is a global,
world-class organization that combines state-of-the-art manufacturing
and sourcing operations, and sophisticated wholesale operations with a
multi-channel retailing strategy that includes the Party City brick and
mortar and e-commerce retail operations. The Company is the leading
player in its category, vertically integrated and unique in its breadth
and depth. Party City Holdco Inc. designs, manufactures, sources and
distributes party goods, including paper and plastic tableware, metallic
and latex balloons, Halloween and other costumes, accessories,
novelties, gifts and stationery throughout the world. The Company’s
retail operations include over 900 specialty retail party supply stores
in the United States and Canada, operating under the names Party City
and Halloween City, and e-commerce websites, principally through the
domain name PartyCity.com. The Company also franchises both individual
stores and franchise areas throughout the United States and Puerto Rico,
principally under the name Party City.
SOURCE: Intercontinental Exchange
ICE-EQ
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