In the most successful billion-dollar IPO since Corvis’ 135% first-day pop in July 2000, Twitter jumped 73% on Thursday after raising $1.8 billion at $26 per share, far above its initial $17 to $20 range. Twitter’s (TWTR) 60% gain through Friday...read more
Midcoast Energy Partners, LP, an Enbridge Energy Partners-backed LP that owns natural gas/NGL midstream assets, raised $333 million by offering 18.5 million shares at $18, below the range of $19 to $21. Midcoast Energy Partners, LP plans to list on the NYSE...read more
A week with nine US IPOs pushed 2013's total proceeds raised to $43.4 billion, ahead of 2012's $42.4 billion and trailing only 2007’s $48.7 billion for the highest total since the tech bubble. October ended with 30 pricings (and 30 filings), putting 2013,...read more
US IPO Recap: Twitter shines in a busy but shaky 13 IPO week
In the most successful billion-dollar IPO since Corvis’ 135% first-day pop in July 2000, Twitter jumped 73% on Thursday after raising $1.8 billion at $26 per share, far above its initial $17 to $20 range. Twitter’s (TWTR) 60% gain through Friday...read more
Midcoast Energy Partners prices IPO at $18, below the range
Midcoast Energy Partners, LP, an Enbridge Energy Partners-backed LP that owns natural gas/NGL midstream assets, raised $333 million by offering 18.5 million shares at $18, below the range of $19 to $21. Midcoast Energy Partners, LP plans to list on the NYSE...read more
15 US IPOs planned for the week of Nov 4
The following IPOs are expected to price this week: Arc Logistics Partners LP (ARCX), a Lightfoot Capital-backed MLP that owns crude oil and refined product terminals, ...read more
US IPO Recap: 2013 passes 2012 in proceeds raised
A week with nine US IPOs pushed 2013's total proceeds raised to $43.4 billion, ahead of 2012's $42.4 billion and trailing only 2007’s $48.7 billion for the highest total since the tech bubble. October ended with 30 pricings (and 30 filings), putting 2013,...read more