Waste Solutions Co. GSE Aims To Raise $68M In IPO

Law360, New York (November 29, 2011, 3:07 PM EST) -- Waste containment provider GSE Holding Inc., a portfolio company of private equity firm CHS Capital LLC, has launched an initial public offering it estimates will raise net proceeds of $68.4 million to pay down debt and go toward general expenses, the company said Tuesday.

Texas-based GSE, which sells hazardous waste containment products, said it will issue as many as 9 million shares of common stock priced at a range of $13 to $15 per share, according to a preliminary prospectus filed with the U.S. Securities and Exchange Commission. An additional 4.9 million...
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