ACA Capital Holdings, Inc. Selects VDM Specialists for Its IPO
10 Noviembre 2006 - 8:30AM
PR Newswire (US)
NEW YORK, Nov. 10 /PRNewswire-FirstCall/ -- VDM Specialists, LLC
today announced that it has commenced managing the trading of ACA
Capital Holdings, Inc. (NYSE:ACA), a specialty financial services
company, on the New York Stock Exchange (NYSE). The initial public
offering comprised the sale of approximately 6.9 million shares of
common stock priced at $13, raising approximately $89.7 million for
the Company. "Listing on the NYSE is an important step in driving
our business strategy across our structured credit, municipal
finance and CDO asset management businesses, providing us greater
visibility with our clients and increased access to capital," said
Alan S. Roseman, President and Chief Executive Officer of ACA
Capital Holdings, Inc. "VDM Specialists was instrumental in helping
us through the IPO process." "VDM is pleased to welcome ACA Capital
to the New York Stock Exchange," said Robert Fagenson, CEO of VDM
Specialists, LLC. "With its listing, ACA Capital joins VDM
Specialists' growing family of clients across the full spectrum of
financial services sectors. We look forward to serving ACA Capital
as its valued partner at the NYSE." VDM Specialists represents a
variety of leaders in the financial services industry, including
financial guarantor MBIA, Inc.; asset managers Affiliated Managers
Group Inc., National Financial Partners and WP Stewart; and brokers
and banks UBS AG, KBW, Inc., BankAtlantic BankCorp, Inc., A.G.
Edwards, Royal Bank of Canada, Canadian Imperial Bank of Commerce,
and Banco Santander Central Hispano S.A. About ACA Capital
Holdings, Inc. ACA Capital Holdings, Inc. is a holding company that
provides asset management services and credit protection products
to participants in the global credit derivatives markets,
structured finance capital markets and municipal finance capital
markets. ACA Capital's asset management services are provided
through its asset management subsidiary, ACA Management, L.L.C.,
and its credit protection products are provided through its "A"
rated financial guaranty insurance subsidiary, ACA Financial
Guaranty Corporation. More information about ACA Capital Holdings,
Inc. can be found at http://www.aca.com/. About VDM Specialists,
LLC As one of the largest specialist firms on the NYSE, VDM
Specialists represents over 400 leading issues including Pfizer,
Hewlett-Packard, The Walt Disney Co. and Apache Corp. VDM
Specialists is part of publicly traded Van der Moolen Holdings NV
(NYSE:VDM). For more information about VDM Specialists, please
visit http://www.vdm-usa.com/. DATASOURCE: VDM Specialists, LLC
CONTACT: Mark A. Baer, Managing Director, +1-646-576-2700, ; or
Tristan Peniston-Bird, Gavin Anderson & Company,
+1-212-515-1933,
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