NewStar IPO Raises $204 Million

NewStar Financial Inc., a Boston-based provider of debt financing for middle-market businesses, priced 12 million common shares at $17 per share ($15-$17 range), for an IPO take of approximately $204 million. It will trade on the Nasdaq under ticker symbol NEWS, while underwriters included Goldman Sachs, Morgan Stanley, Citigroup and Wachovia Securities. Shareholders include Capital Z Partners, Corsair Capital, JPMorgan Capital and Northwestern Mutual Life Insurance Co. www.newstarfin.com