June 13 (Reuters) - Private equity-backed Jefferson
Capital is targeting a valuation of up to $1.1 billion in its
initial public offering in the United States, the debt buyer
said on Friday.
The Minneapolis, Minnesota-based company and some of its
existing shareholders are seeking to raise up to $170 million by
offering 10 million shares priced between $15 and $17 each.
Investment firm J.C. Flowers had acquired Jefferson Capital
from buyout firm Flexpoint Ford in 2018.
Jefferson Capital will list on the Nasdaq under the symbol
"JCAP".
Jefferies and Keefe, Bruyette & Woods are the lead
underwriters for the offering.