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PECO News

US IPO Weekly Recap: The summer IPO market heats up in a 13 IPO week

STVN

After a slow start to the month, the IPO market revved back to life with 13 IPOs coming to market this past week. SPAC activity picked up, with seven blank check IPOs raising $940 million. New filers continued to flood the IPO pipeline, with fourteen IPOs and...read more

Shopping center REIT Phillips Edison & Company prices IPO at $28, the low end of the range

Phillips Edison & Company logo

Phillips Edison & Company, a REIT focused on grocery-anchored neighborhood shopping centers, raised $476 million by offering 17.0 million shares at $28, the low end of the range of $28 to $31. At pricing, the Cincinnati, OH-based company commands a fully...read more

US IPO Week Ahead: Real estate, post-pandemic plays and more in a 15 IPO week

STVN

Updated Monday, 7/12. After a slow holiday week, 15 IPOs are scheduled to raise nearly $4 billion in the week ahead. A handful of SPACs should also price. Italian drug container supplier Stevanato Group (STVN) plans to raise $900...read more

The grocer-REIT: Phillips Edison & Company sets terms for $502 million IPO

Phillips Edison & Company logo

Phillips Edison & Company, a REIT focused on grocery-anchored neighborhood shopping centers, announced terms for its IPO on Wednesday. The Cincinnati, OH-based company plans to raise $502 million by offering 17.0 million shares at a price range of $28 to...read more