Golden Goose Seen Pricing IPO Near Bottom End of Range (1)

Luxury sneaker brand Golden Goose Group SpA priced its initial public offering at €9.75 a share, near the bottom end of a marketed range, according to terms seen by Bloomberg.

The IPO was marketed for €9.50 to €10.50 per share. Demand for the offering exceeded the deal size at that expected price level and above, the terms showed.

Assuming the full deal size of 61.1 million shares is placed, the total offering size could be as much as €595.7 million ($639 million), valuing the company at about €1.7 billion, according to Bloomberg calculations.

Golden Goose shares are set to start ...