Affinia Group Files for $230 Million IPO

(Reuters) – Affinia Group Holdings Inc filed with the U.S. regulators on Friday to raise up to $230 million in an initial public offering (IPO) of common stock.

The Ann Arbor, Michigan-based company told the U.S. Securities and Exchange Commission in a preliminary prospectus that J.P. Morgan Securities and Barclays were among the underwriters for the IPO.

The filing did not reveal how many shares the company planned to sell or their expected price.

Affinia, which offers light and commercial vehicle replacement products, intends to list its common stock on the New York Stock Exchange under the symbol “AFN”. (Reporting by Sweta Singh in Bangalore; Editing by Vyas Mohan)

peHUB Note: Shareholders include The Cypress Group, OMERS, Northwestern Mutual Life Insurance Co. and CalSTRS.