Party City Hold co expects to raise $427.6 million in its upcoming IPO. Based in Elmsford, New York, Party City (Pending:PRTY) is a retailer of party goods and supplies with over 800 party superstores in North America. PRTY will offer 21.875 million shares at an expected price range of $15 to $17. If the underwriters price the IPO at the mid-point of that range, PRTY will have a market capitalization of ~$1.85 billion. PRTY filed for the IPO on January 21, 2014. Lead Underwriters: BofA Merrill Lynch and Goldman Sachs Underwriters: Barclays Capital, Credit Suisse Securities, Deutsche Bank Securities, J.P. Morgan Securities, Morgan Stanley, Stephens Inc., Telsey Advisory Group, and William Blair & Co. Read more