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Moncler Owners to Raise as Much as $1.1 Billion in Skiwear IPO

Moncler, the Italian maker of $1,220 quilted polyester jackets, will sell shares in a second attempt at an initial public offering next month, raising as much as 783 million euros ($1.1 billion) for the company’s owners.

The IPO will raise 585 million euros to 681 million euros and a so-called greenshoe option for underwriters may increase the size of the offering by 15 percent, according to terms of the deal. The stock will be priced between 8.75 euros and 10.20 euros, Moncler said in a statement late yesterday.