The common stock will begin trading today on the New York Stock Exchange under the symbol DRC.
Morgan Stanley and Citigroup Global Markets are serving as joint book-running managers of the offering. UBS Securities is co-lead manager of the offering.
Bear, Stearns, Goldman Sachs, Lehman Brothers, Natexis Bleichroeder, Simmons & Company International and Howard Weil are all co-managers of the offering.
Dresser-Rand Group has granted the underwriters an option to purchase up to an additional 4.05
