BNP subsidiary First Hawaiian (FHB) is set to raise $464 million in the largest bank IPO since RBS spin-off Citizens Financial (CFG) in September 2014. With over $19 billion in assets, it is Hawaii’s largest financial institution. ...read more
The past week saw four IPOs produce insignificant returns. All four deals finished the week at or above the offer price, but none gained more than 5%. The first bank IPO of 2016, Argentina-based Grupo Supervielle dual listed in New York and Buenos Aires; its...read more
Grupo Supervielle, an Argentine bank with over $2 billion in assets, raised $281 million by offering 25.5 million ADSs at $11. It originally planned to raise $250 million by offering 20.8 million ADSs at a range of $11 to $13. Grupo Supervielle will dual list on...read more
There are four companies set to debut in the week ahead, but only one company with substantial revenue and profit - small-cap Argentinian bank Grupo Supervielle (SUPV). Three additional deals launched and are set to price in May including the...read more
Bank IPOs outperform even as broader sector struggles
BNP subsidiary First Hawaiian (FHB) is set to raise $464 million in the largest bank IPO since RBS spin-off Citizens Financial (CFG) in September 2014. With over $19 billion in assets, it is Hawaii’s largest financial institution. ...read more
US IPO Weekly Recap: A LatAm bank and three minor health care IPOs struggle
The past week saw four IPOs produce insignificant returns. All four deals finished the week at or above the offer price, but none gained more than 5%. The first bank IPO of 2016, Argentina-based Grupo Supervielle dual listed in New York and Buenos Aires; its...read more
Argentine bank Grupo Supervielle prices upsized IPO at $11, the low end of the range
Grupo Supervielle, an Argentine bank with over $2 billion in assets, raised $281 million by offering 25.5 million ADSs at $11. It originally planned to raise $250 million by offering 20.8 million ADSs at a range of $11 to $13. Grupo Supervielle will dual list on...read more
US IPO Week ahead: Four more IPOs set up May 2016 to be most active month YTD
There are four companies set to debut in the week ahead, but only one company with substantial revenue and profit - small-cap Argentinian bank Grupo Supervielle (SUPV). Three additional deals launched and are set to price in May including the...read more