NewPage Files for an IPO

NewPage Group Inc., a Miamisburg, Ohio-based coated paper manufactuer, has filed for an $805 million IPO. It plans to trade on the NYSE under ticker symbol NWP, with Goldman Sachs serving as lead underwriter.

 

The company was formed in 2005, when Cerberus Management bought the coated paper operations of MeadWestvaco Corp. Last year it reported a $23 million net loss on $2.17 billion in net sales. www.newpagecorp.com