Springleaf Holdings unveils IPO, moves up a day to avoid U.S. debt ceiling deadline – Bloomberg

According to Bloomberg, subprime consumer lender Springleaf Holdings raised $357.8 million after pricing its IPO of 21 million shares at $17 per share. Springleaf began trading its stock Wednesday on the New York Stock Exchange under the ticker symbol “LEAF.” The outlet reports that the company was supposed to start trading Thursday but moved up its IPO by a day in order to avoid trading when the country hits its deadline for raising the U.S. debt ceiling. Springleaf is backed by Fortress Investment Group.