Altice USA raised $1.9 billion - 42% more than originally planned - in the largest US IPO of a telecom since the 2000 blitz. The company traded up 13% by Friday's close. REITs had a bad week: Two REITs raised a combined $400 million and both broke issue, while a...read more
Granite Point Mortgage Trust, a Pine River-managed mortgage REIT focused on commercial real estate debt, raised $195 million by offering 10 million shares at $19.50, below the range of $20 to $21. Granite Point Mortgage Trust plans to list on the NYSE under the...read more
Seven deals are on the IPO calendar to raise a combined $2.3 billion in the week ahead. Cable operator Altice USA (ATUS) aims to raise $1.35 billion in...read more
Granite Point Mortgage Trust, a Pine River-managed mortgage REIT focused on commercial real estate debt, announced terms for its IPO on Thursday. The New York, NY-based company plans to raise $205 million by offering 10 million shares at a price range of...read more
US IPO Weekly Recap: Altice raises $1.9 billion in largest US telecom IPO since 2000
Altice USA raised $1.9 billion - 42% more than originally planned - in the largest US IPO of a telecom since the 2000 blitz. The company traded up 13% by Friday's close. REITs had a bad week: Two REITs raised a combined $400 million and both broke issue, while a...read more
Granite Point Mortgage prices IPO at $19.50, below the range
Granite Point Mortgage Trust, a Pine River-managed mortgage REIT focused on commercial real estate debt, raised $195 million by offering 10 million shares at $19.50, below the range of $20 to $21. Granite Point Mortgage Trust plans to list on the NYSE under the...read more
US IPO Week Ahead: 3 REITs, 3 SPACs and a billion-dollar IPO from Altice USA
Seven deals are on the IPO calendar to raise a combined $2.3 billion in the week ahead. Cable operator Altice USA (ATUS) aims to raise $1.35 billion in...read more
Hard rock REIT: Granite Point Mortgage Trust sets terms for $205 million IPO
Granite Point Mortgage Trust, a Pine River-managed mortgage REIT focused on commercial real estate debt, announced terms for its IPO on Thursday. The New York, NY-based company plans to raise $205 million by offering 10 million shares at a price range of...read more