Private equity-backed retailer party city is preparing to launch its US$500m IPO this week. The launch could come as early as Monday, for mid-April pricing, after the party goods company recently submitted audited year-end financial results. Goldman Sachs, Bank of America Merrill Lynch, Credit Suisse, Morgan Stanley, Barclays, Deutsche Bank and JP Morgan, the joint bookrunners on the all-primary offering, took advantage of the three-day US holiday weekend to finalise marketing plans and how to position the company.
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