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8 IPOs planned for the week of Jan 24

January 24, 2011

The following IPOs are expected to price this week:

Adecoagro S.A. (AGRO), a leading South American agricultural company, plans to raise $400 million by offering 28.6 million shares at a price range of $13-$15. At the mid-point of the proposed range, Adecoagro S.A. will command a market value of $1.6 billion. Adecoagro S.A., which was founded in 2002, booked $382 million in sales over the last 12 months. The Luxembourg-based company plans to list on the NYSE under the symbol AGRO. Credit Suisse, Morgan Stanley and Itau BBA are the lead underwriters on the deal.

BankUnited (BKU), a FL-based bank seized by the FDIC in 2009 and transferred to PE firms, plans to raise $630 million by offering 26.25 million shares at a price range of $23-$25. At the mid-point of the proposed range, BankUnited will command a market value of $2.3 billion. BankUnited, which was founded in 2009, booked $588 million in sales over the last 12 months. The Miami Lakes, FL-based company plans to list on the NYSE under the symbol BKU. Morgan Stanley, BofA Merrill Lynch and Deutsche Bank Securities are the lead underwriters on the deal.

BCD Semiconductor Manufacturing (BCDS), a leading analog chip maker specializing in power management integrated circuits, plans to raise $69 million by offering 6 million shares at a price range of $10.50-$12.50. At the mid-point of the proposed range, BCD Semiconductor Manufacturing will command a market value of $225 million. BCD Semiconductor Manufacturing, which was founded in 2000, booked $129 million in sales over the last 12 months. The Shanghai-based company plans to list on the NASDAQ under the symbol BCDS. Jefferies & Co. and Stifel Nicolaus Weisel are the lead underwriters on the deal.

Demand Media (DMD), which provides freelance generated online content and domain name registration services, plans to raise $113 million by offering 7.5 million shares at a price range of $14-$16. At the mid-point of the proposed range, Demand Media will command a market value of $1.3 billion. Demand Media, which was founded in 2006, booked $235 million in sales over the last 12 months. The Santa Monica, CA-based company plans to list on the NYSE under the symbol DMD. Goldman, Sachs & Co. and Morgan Stanley are the lead underwriters on the deal.

InterXion Holding N.V. (INXN), a leading provider of carrier-neutral colocation data center services in Europe, plans to raise $223 million by offering 18.55 million shares at a price range of $11-$13. At the mid-point of the proposed range, InterXion Holding N.V. will command a market value of $813 million. InterXion Holding N.V., which was founded in 1998, booked $246 million in sales over the last 12 months. The Amsterdam-based company plans to list on the NYSE under the symbol INXN. BofA Merrill Lynch, Citi and Barclays Capital are the lead underwriters on the deal.

Nielsen Holdings (NLSN), a global leader in measuring and analyzing consumer behavior, plans to raise $1.5 billion by offering 71.4 million shares at a price range of $20-$22. At the mid-point of the proposed range, Nielsen Holdings will command a market value of $7.4 billion. Nielsen Holdings, which was founded in 1923, booked $5.1 billion in sales over the last 12 months. The New York, NY-based company plans to list on the NYSE under the symbol NLSN. J.P. Morgan and Morgan Stanley are the lead underwriters on the deal.

Velti (VELT), a global provider of mobile advertising and marketing software solutions, plans to raise $125 million by offering 12.5 million shares at a price range of $9-$11. At the mid-point of the proposed range, Velti will command a market value of $514 million. Velti, which was founded in 2000, booked $125 million in sales over the last 12 months. The Dublin-based company plans to list on the NASDAQ under the symbol VELT. Jefferies & Co. is the lead underwriter on the deal.

Zuoan Fashion Limited (ZA), a Chinese designer and distributor of casual menswear through 1,075 retail outlets, plans to raise $79 million by offering 6.9 million ADSs at a price range of $10.50-$12.50. At the mid-point of the proposed range, Zuoan Fashion Limited will command a market value of $326 million. Zuoan Fashion Limited, which was founded in 1999, booked $104 million in sales over the last 12 months. The Shanghai-based company plans to list on the NYSE under the symbol ZA. Cowen & Company is the lead underwriter on the deal.