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EPAM News

EPAM Systems quiet period ends March 19

EPAM Systems, an offshore IT services provider with delivery centers in Eastern Europe, will see its quiet period end on 3/19/12. On 2/7/12, the company raised $72.0 million by offering 6 million shares at $12.00, below the range of $16.00 to $18.00. Citi, UBS...read more

Caesars stands out in a busy pricing week with strong returns

This week saw 8 IPOs completed, the most deals priced since the week of December 12th (which itself was the busiest week of 2011) and the returns left investors happy. Despite significant pricing pressure (only two managed to price at the midpoint; the rest were...read more

EPAM Systems prices downsized IPO at $12, below the range

EPAM Systems, an offshore IT services provider with delivery centers in Eastern Europe, raised $72 million by offering 6 million shares (67% from selling shareholders) at $12.00, below the range of $16 to $18. The company had originally planned to sell 7.4...read more

10 U.S. IPOs planned for the week of Feb 6

The following IPOs are expected to price this week:

Caesars Entertainment (CZR), a casino entertainment provider owned by TPG and Apollo, plans to raise $16 million...read more