Renaissance Capital logo

VTTI News

US IPO Pricing Recap: 15 IPOs in the most active week since 2007; 66% ended at or below IPO price

15 companies had initial public offerings and raised $6.4 billion this week, making it the most active week in the IPO market since 2007. Including deals that priced yesterday and began trading today, July saw 34 IPOs, a post-tech bubble record....read more

VTTI Energy Partners LP prices IPO at $21, high end of the range

VTTI Energy Partners LP, an MLP formed by VTTI to own refined product and crude oil terminals, raised $368 million by offering 17.5 million shares (all sold by the parent) at $21, the high end of the range of $19 to $21. VTTI Energy Partners LP plans to...read more

22 US IPOs planned for the week of Jul 28

As the IPO market prepares for the busiest week of the year, we see a broad spectrum of IPOs, including LBOs, high-growth plays, energy spinoffs and financial firms, all of which could be outnumbered by a wave of biotechs. IPO performance has stabilized after it...read more

Energy infrastructure spinoff VTTI Energy Partners LP sets terms for $350 million IPO

VTTI Energy Partners LP, an MLP formed by VTTI to own refined product and crude oil terminals, announced terms for its IPO on Tuesday. The London, United Kingdom-based company plans to raise $350 million by offering 17.5 million units (100% insider) at a price...read more