Renaissance Capital logo

VOYA News

Renaissance Capital's 2013 US IPO Annual Review

2013 was the best year for the US IPO market since 2000. Against a favorable backdrop marked by a rising stock market, low interest rates, reduced volatility and increased risk tolerance among investors, a total of 222 companies went public and raised $55...read more

HD Supply sets terms for $1.25 billion IPO, set to be fourth biggest 2013 US IPO

HDS

HD Supply, a diversified industrial distribution company in North America, announced terms for its IPO on Thursday. The Atlanta, GA-based company plans to raise $1.25 billion by offering 53.2 million shares at a price range of $22 to $25. At the midpoint of the...read more

US IPO Recap: Activity remains robust with five pricings, five setting terms and four new filers

Following last week's market break, US IPO activity resumed where it left off last week with five pricings, including ING U.S. (VOYA), which raised $1.3 billion. However, overall performance was subpar, with four of five of the deals achieving a total return...read more

ING U.S. prices IPO at $19.50, below the range

ING U.S., ING's US retirement, insurance and investment management business, raised $1.3 billion by offering 65.2 million shares (53% insider) at $19.50, below the range of $21-$24. The company had originally planned to sell 64.2 million shares (58% insider),...read more