Deal: 11.54MM shares (17% primary) at a mid-point of $13 = $150M IPO.
NASDAQ: PFMT plan is to price on August 10.
Books: Morgan Stanley, Goldman, Credit Suisse, Wells Fargo with Co-Managers: SunTrust and Blair.
Focus is on student loans and healthcare where defaults are large and growing. So these guys are the ones chasing unemployed college graduates to make sure they . . .