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SALT News

US IPO Recap: 221 IPOs for the year, most in a decade

Last week’s 11 pricings brought the year’s total to 221, the highest count since 2000, and large deals from Hilton Worldwide (HLT) and ARAMARK (ARMK) lifted the year’s total proceeds above $50 billion, also a first since 2000. With 69 IPOs...read more

Scorpio Bulkers prices upsized IPO at $9.75, its Norwegian OTC price

Scorpio Bulkers, a recently formed drybulk shipping company with planned initial fleet of 52 vessels, raised $305 million by offering 31.3 million shares at $9.75, its Norwegian OTC price. Scorpio Bulkers plans to list on the NYSE under the symbol SALT. The...read more

Scorpio Bulkers increases shares offered by 68%, deal size is now $258 million

Scorpio Bulkers, a recently formed drybulk shipping company with a planned initial fleet of 52 vessels, raised the proposed deal size for its upcoming IPO on Wednesday. The Monaco-based company now plans to raise $258 million by offering 26.1 million shares at...read more

US IPO Recap: Hilton and eleven others set terms

Setting the stage for a potentially record-breaking week in the US IPO market, twelve companies set terms last week. The largest of these were Hilton Worldwide (HLT), the world's largest hotel chain, and ARAMARK (ARMK), the third-largest provider of food and...read more