Premier Protein parent BellRing Brands /zigman2/quotes/214579114/composite BRBR -0.58% has set terms for its initial public offering, in which the convenient nutrition company expects to raise up to $570 million. The company, which other brands include PowerBar and Dymatize, is offering 30 million in the IPO, which is expected to price between $16 and $19 a share. BellRing said it has been approved to list its Class A shres on the NYSE under the symbol "BRBR." The lead underwriters are Morgan Stanley, Citigroup, J.P. Morgan and Goldman Sachs. For the nine months ended June 30, the company recorded net earnings of $96.4 million on sales of $639.9 million, up from earnings of $69.7 million on revenue of $607.6 million in the same period a year ago. The company is looking to go public at a time the Renaissance IPO ETF /zigman2/quotes/207665280/composite IPO +3.65% has dropped 11.4% over the past three months, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +3.41% has slipped 1.3%.