Three deals priced last week to push 2012’s deal count past 2011’s, but the investor response was mostly muted. Although Elon Musk-backed SolarCity (SCTY) had the tenth-best first-day gain of the year, the solar panel installer was forced to cut...read more
Silver Bay Realty Trust, a newly organized REIT formed to acquire single-family properties in the US, raised $245 million by offering 13.25 million shares at $18.50, within the range of $18 to $20. Silver Bay Realty Trust plans to list on the NYSE under the...read more
Three companies, one of which priced, set terms last week, as dividend-paying IPOs continued to sustain an otherwise chilled US market. Including Western Gas Equity Partners LP (WGP), which gained 27% in its first day of trading after an abbreviated roadshow,...read more
Weekly Recap: Tough reception for final US IPOs of 2012
Three deals priced last week to push 2012’s deal count past 2011’s, but the investor response was mostly muted. Although Elon Musk-backed SolarCity (SCTY) had the tenth-best first-day gain of the year, the solar panel installer was forced to cut...read more
Silver Bay Realty Trust prices IPO at $18.50, within the range
Silver Bay Realty Trust, a newly organized REIT formed to acquire single-family properties in the US, raised $245 million by offering 13.25 million shares at $18.50, within the range of $18 to $20. Silver Bay Realty Trust plans to list on the NYSE under the...read more
5 US IPOs planned for the week of Dec 10
The following IPOs are expected to price this week: Audeo Oncology (AURX), which is developing a combination therapy in Phase 3 trial for metastatic colorectal cancer,...read more
Weekly Recap: Last IPOs of 2012 focus on yield, SolarCity looks for insider support
Three companies, one of which priced, set terms last week, as dividend-paying IPOs continued to sustain an otherwise chilled US market. Including Western Gas Equity Partners LP (WGP), which gained 27% in its first day of trading after an abbreviated roadshow,...read more