BNL News
Archived Headlines
- US IPO Week Ahead: The IPO market braces for a September SNOWstorm in a 14 IPO week 09/11/20
- Commercial REIT Broadstone Net Lease sets terms for $603 million IPO 09/08/20
- Fall 2020 US IPO Preview: Tech Unicorns Leap Through the IPO Window 09/04/20
- US IPO Weekly Recap: BigCommerce’s 201% first-day pop breaks records in an 8 IPO week 08/07/20
- Commercial REIT Broadstone Net Lease files for an estimated $500 million IPO 08/05/20
Rise in secondary offerings hints at IPO market reopening
While capital markets are typically quiet in August, secondary activity picked up significantly during the month, hinting at a possible reopening of the IPO window heading into the fall. There were nearly 40 registered follow-on public offerings (FPOs) of $50+...read more
Fall 2021 US IPO Preview: An Active End to a Record Year
The US IPO market has already posted its busiest year since the internet bubble in 2000, and we expect issuance to stay active in the fall. With broader equity markets at all-time highs and a burgeoning IPO pipeline of private unicorns, many long-awaited names...read more
US IPO Weekly Recap: Snowflake's IPO breaks records in a diverse 15 IPO week
In the busiest week yet for the 2020 IPO market, 15 IPOs raised $8.7 billion. Snowflake (SNOW) took the spotlight, completing the largest software IPO ever and bagging the biggest billion-dollar pop in two decades. Eight SPACs joined the...read more
Commercial REIT Broadstone Net Lease prices IPO at $17 low end
Broadstone Net Lease, a single-tenant commercial net lease REIT with 633 properties in the US and Canada, raised $570 million by offering 33.5 million shares at $17, the low end of the range of $17 to $19. The company plans to offer a 5.9% yield based on the...read more