By Echo Wang
NEW YORK (Reuters) – BrightSpring Health Services, which is owned by private equity firm KKR & Co, is considering pricing its initial public offering at below its targeted range, according to a person familiar with the matter.
BrightSpring, which was aiming to price its offering between $15 and $18 apiece, is discussing proceeding with the share sale at $13 per share, the source said, requesting anonymity as the discussions are confidential.
BrightSpring did not immediately respond to a request for comment.
IFR first reported earlier on Thursday about BrightSpring’s plan to price below range.
(Reporting by Echo Wang in New York; Editing by Anirban Sen)
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