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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

Westlake Chemical prices IPO at $24, well above the range

Westlake Chemical Partners LP, an ethylene producer spun out of Westlake Chemical (NYSE: WLK), raised $270 million by offering 11.3 million shares (all primary) at $24, well above the $19-$21 range. Westlake Chemical Partners LP, which now commands a market cap...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

Ethylene producer Westlake Chemical sets terms for $225 million IPO

Westlake Chemical Partners LP, Westlake Chemical Corporation's (WLK) ethylene production business, announced terms for its IPO on Monday. The Houston, TX-based company plans to raise $225 million by offering 11.3 million units at a price range of $19 to $21...read more