PFSI News
Archived Headlines
- 13 US IPOs planned for the week of May 6 05/06/13
- US IPO Recap: Activity remains robust with five pricings, five setting terms and four new filers 05/06/13
- Mortgage producer and servicer PennyMac sets terms for $200 million IPO 04/29/13
- Weekly Recap: US IPO market cools as majority of deals fall or postpone 02/11/13
- Mortgage producer and servicer PennyMac files for a $288 million IPO 02/07/13
A loan for your home: loanDepot files for a $100 million IPO
loanDepot, a nonbank consumer lender focused on originating and selling home loans, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. However, the deal size may be a placeholder for an IPO that we estimate could raise $200...read more
US IPO Recap: Ten deals price, highest weekly total since 2010
Deal flow picked up from already high levels, but returns were light in a ten-IPO week, just the second since 2007. Half of the week’s deals were from financial companies, while the largest was a $947 million offering from Quintiles Transnational (Q), a...read more
Seven US IPOs debut on Thursday, most in a single day since 2004
Seven deals began trading on Thursday, marking the most US IPOs to debut in a day since December 15, 2004. Thursday's group included single-family residential REIT American Residential Properties (ARPI), packet-optical networking vendor Cyan (CYNI), frac...read more
PennyMac prices IPO at $18 midpoint
PennyMac Financial Services, which originates, acquires and services residential mortgage loans, raised $200 million by offering 11.1 million shares at $18, at the midpoint of the range of $17 to $19. PennyMac Financial Services plans to list on the NYSE under...read more