BUZZ- U.S. IPOs: Return from brief hiatus

Mon Jun 1, 2015 3:36pm EDT
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** As expected, IPOs took a breather in a holiday-shortened week, but four companies, each in different industries, are set to kick off the month

** Consumer, tech, healthcare and energy deals looking to raise $550 mln

** Penntex Midstream Partners week's size leader as energy MLP seeks to raise $225 mln and pay a 5.5 pct annual yield assuming $20 IPO price, midpoint of $19-$21 filed range

** Canada's DavidsTea Inc Inc stands to benefit from year's three consumer IPOs, Shake Shack, Party City Holdco and Bojangles Inc ), which have all outperformed

** Evolent Health ($150 mln, healthcare tech) and EndoChoice ($100 mln, medical devices) punctuate healthcare sector's dominance this year

** Last week, eight follow-ons, including 3 blocks, and three convertibles price for total transaction value of $2.5 bln

** Most notable, cybersecurity company FireEye Inc raises $800 mln, upsized from $600 mln, in dual-tranche convertible offering priced through aggressive ends of original price talk

** Sponsors reduce their collective holdings via ServiceMaster Global's one-day marketed $680 mln all-secondary, co's second offering since its June 2014 IPO

** Markets willing, potential June IPO launches include Fogo De Chao Inc as Brazilian steakhouse company recently updated its 1Q15 financials, fast-growing Fitbit Inc and SunEdison's emerging markets yieldco TerraForm Global

** Follow-on activity expected to pick up though blocks may be limited as banks have had difficulty fully distributing shares in recent trades

** Recent IPO coverage (Messaging: