medline ipo

Tue, 05 May 2026 16:02:15 +0000

Shares of U.S. medical supplies giant Medline jumped in its debut on the Nasdaq on Wednesday after the biggest initial public offering of the year globally. Shares closed up more than. Medline intends to use the proceeds (net of underwriting discounts) from the issuance of 179,000,000 shares to repay outstanding indebtedness under its senior secured term loan facilities. Medical supply giant Medline's shares rose 41% above their offer price in their hotly anticipated New York debut on Wednesday, capping a strong year for new listings and fueling. Private equity-owned medical supply group Medline Industries jumped 41 per cent in its Wall Street debut on Wednesday after raising $6.3bn in the biggest initial public offering of 2025....