NetSpend Holdings, Inc.

Category Finance | Tuesday, July 27th, 2010

NetSpend Holdings, Inc. today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its common stock. Goldman, Sachs & Co. and BofA Merrill Lynch will act as book-running managers, William Blair & Company, L.L.C. will act as lead manager, and Wells Fargo Securities, LLC, SunTrust Robinson Humphrey, Inc. and Duncan-Williams, Inc. will act as co-managers for the offering. The shares of common stock to be sold in this offering are expected to be sold by NetSpend and certain of NetSpend’s stockholders.

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