BUZZ- U.S. IPOs: On your marks, get set, GoDaddy!

Mon Mar 23, 2015 12:31pm EDT
 
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** GoDaddy's $400 mln IPO launch, amid a pickup in activity, injects enthusiasm into the market for new listings

** Market sources tell Reuters investor demand already building for the web-hosting provider's shares, which are scheduled to debut April 1

** IPO YTD volume half last year's pace in same period with 29 pricings for $4.9 bln in proceeds raised versus 57 deals for $9.6 bln, according to IFR data

** Three IPOs raise $193 mln last week, another is delayed, while follow-on offerings continue solid showing

** Including last week's IPOs, 19 follow-ons (6 blocks) price for a combined $4.7 bln in transaction value

** Goldman Sachs BDC, first business development company IPO backed by an investment bank, falls in debut

** Valeant Pharmaceuticals International's $1.45 bln follow-on plugs company's funding gap for its increased $11 bln buy of Salix Pharmaceuticals LTD

** Hubspot Inc, Esperion Therapeutics and Retrophin Inc sport substantial gains after pricing respective follow-ons

** Six IPOs slated to raise about $500 mln this week   Continued...