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CVR Energy Raises $380 Million

CVR Energy Inc., a Sugar Land, Texas-based producer of ammonia and urea-ammonia nitrate, raised $380 million in its IPO. The company priced 20 million common shares at 19 per share, compared to an earlier plan to sell 18.5 million shares at between $18 and $20 per share. It will trade on the NYSE under ticker symbol CVI, while Goldman Sachs and Deutsche Bank served as co-lead underwriters. Shareholders include Goldman Sachs and Kelso & Company.