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FTS Launches Initial Public Offering; IPO Price Expected Between $15.00-$18.00

FTS International Inc. announced it has launched initial public offering of 15,151,516 shares of its common stock. The initial public offering price is expected to be between $15.00 and $18.00 per share. The shares have been authorized for listing on the NYSE under the ticker symbol, FTSI.

FTS International Inc. is a provider of hydraulic fracturing services in North America. The company's services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production, or E&P, companies in shale and other unconventional resource formations.

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