Facebook Said to Pay Underwriters 1.1% Fee in IPO

Facebook Said to Pay Underwriters 1.1% Fee in IPO

Scott Eells/Bloomberg

A wall that has been written on by employees stands in the entry way at Facebook Inc.'s office in New York on Dec. 20, 2011. At 1.1 percent, the company will be paying its banks one-fifth the typical rate for IPOs.