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