National CineMedia Sets IPO Terms

National CineMedia Inc., a Centennial, Colo.-based distributor of in-theater advertising, has set its proposed IPO terms to 38 million common shares being offered at between $18 and $20 per share. It plans to trade on the Nasdaq under ticker symbol NCMI, with Credit Suisse, JPMorgan, Lehman Brothers and Morgan Stanley serving as co-lead underwriters. Shareholders include Madison Dearborn Partners, The Anschutz Co., Cinemark and Regal Cinemas.