Levi Strauss Raises $623 Million in U.S. IPO

A shopper carries a Levi Strauss & Co. bag on the Third Street Promenade in Santa Monica, California.Photographer: Martina Albertazzi/Bloomberg
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Levis Strauss & Co. raised $623.3 million in its U.S. initial public offering, pricing shares above the marketed range.

The iconic blue jeans maker sold 36.7 million shares at $17 apiece Wednesday, according to a statementBloomberg Terminal. It had marketed them for $14 to $16 apiece. The stock will start trading March 21 on the New York Stock Exchange under the ticker “LEVI.”