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METC News

Coal train: Contura Energy files to raise an estimated $300 million in year's third coal IPO

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Contura Energy, a coal producer formed out of Alpha Natural Resources' restructuring, filed on Monday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that we estimate could raise...read more

US IPO Weekly Recap: Snap files to raise $3 billion in a week with 4 IPOs

SNAP

The maker of the disappearing message app, Snap (SNAP) appeared on headlines in every major financial journal with its $3 billion IPO filing. The biggest tech IPO since Alibaba has rapid growth and massive losses, and at a reported $25...read more

Coal world: Ramaco Resources prices $81 million IPO at $13.50, the midpoint of the range

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Ramaco Resources, a recently-formed metallurgical coal provider with reserves in Appalachia, raised $81 million by offering 6 million shares at $13.50, within the range of $12 to $15. Ramaco Resources plans to list on the Nasdaq under the symbol METC. Credit...read more

US IPO Week Ahead: 7-IPO week led by mega REIT and world's largest for-profit school

LAUR

The 2017 IPO market continues its torrid pace with seven deals on the IPO calendar. Blackstone's home-rental REIT, Invitation Homes, aims to raise $1.5...read more