GreenSky, Inc. Announces Closing of Initial Public Offering and Exercise in Full of the Underwriters' Option to Purchase Additional Shares

GreenSky, Inc. announced the closing of its initial public offering of 43,700,000 shares of its Class A common stock at a price to the public of $23.00 per share, which includes the exercise in full of the underwriters' option to purchase an additional 5,700,000 shares of its Class A common stock, for a total of approximately $1.01 billion in aggregate gross proceeds. The shares began trading on The Nasdaq Global Select Market under the ticker symbol "GSKY" on May 24, 2018.

Goldman Sachs & Co. LLC, J.P. Morgan and Morgan Stanley acted as joint lead book-running managers and as representatives of the underwriters for the offering.  BofA Merrill Lynch, Citigroup, Credit Suisse and SunTrust Robinson Humphrey also acted as book-running managers for the offering. Raymond James, Sandler O'Neill + Partners, L.P., Fifth Third Securities and Guggenheim Securities acted as co-managers for the offering.

GreenSky is a leading technology company that powers commerce at the point of sale. GreenSky's platform is powered by a proprietary technology infrastructure that delivers stability, speed, scalability and security and that facilitates merchant sales, while reducing the friction, and improving the economics, associated with a consumer making a purchase and a bank extending financing for that purchase.



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