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Polypore Prices Low IPO

Polypore International Inc., a Charlotte, N.C.-based supplier of filtration products, raised $285 million in its IPO. It priced 15 million common shares at $19 per share ($20-$22 range), for an initial valuation of around $766 million. Polypore will trade on the NYSE under ticker symbol PPO, while JPMorgan serving as lead underwriter. Warburg Pincus acquired the company in 2004 from GTCR Golder-Rauner and The InterTech Group. www.polypore.net