This week saw a diverse group of four IPOs price to generally positive reactions, three had double-digit returns. Okta (OKTA) was the latest high-growth, high-loss software company to go public this year and like the others it had a...read more
Hess Midstream Partners LP, an MLP formed by Hess and GIP to own gathering/processing assets in the Bakken, raised $340 million by offering 14.8 million shares at $23, above the range of $19 to $21. The company had originally planned to sell 12.5 million shares...read more
Five IPOs are set to raise a combined $1.5 billion in the next week. Each company in this diverse group is targeting raising over $100 million. Two transportation companies are marketing the largest deals: Brazilian airline Azul is set to...read more
Hess Midstream Partners LP, an MLP formed by Hess and GIP to own pipeline and storage assets in the Bakken Shale, announced terms for its IPO on Monday. The Houston, TX-based company plans to raise $250 million by offering 12.5 million units at a price...read more
US IPO Weekly Recap: 3 high flying deals
This week saw a diverse group of four IPOs price to generally positive reactions, three had double-digit returns. Okta (OKTA) was the latest high-growth, high-loss software company to go public this year and like the others it had a...read more
Hess Midstream LP prices upsized IPO at $23, above the range
Hess Midstream Partners LP, an MLP formed by Hess and GIP to own gathering/processing assets in the Bakken, raised $340 million by offering 14.8 million shares at $23, above the range of $19 to $21. The company had originally planned to sell 12.5 million shares...read more
US IPO Week Ahead: 5 deals follow a flurry of filings
Five IPOs are set to raise a combined $1.5 billion in the next week. Each company in this diverse group is targeting raising over $100 million. Two transportation companies are marketing the largest deals: Brazilian airline Azul is set to...read more
Bakken Shale MLP Hess Midstream sets terms for $250 million IPO
Hess Midstream Partners LP, an MLP formed by Hess and GIP to own pipeline and storage assets in the Bakken Shale, announced terms for its IPO on Monday. The Houston, TX-based company plans to raise $250 million by offering 12.5 million units at a price...read more