Sea World Entertainment Goes Public with IPO

You can now own shares of SeaWorld

Orlando-based SeaWorld Entertainment Inc. has filed for an initial public offering, listing an initial registration amount of $100 million, Orlando Business Journal reports.

SeaWorld, which is owned by Blackstone Group LP (NYSE:BX), will be managed by Goldman Sachs Group Inc., JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp., Barclays Plc and Wells Fargo & Co.

According to the filing, SeaWorld’s ticker will be SEAS, and Blackstone will keep the majority of SeaWorld’s voting rights after the IPO. The exact date for the IPO hasn’t been set but it could be as early as 2013 and raise at least $500 million.

ACROSS THE WEB