June 15, 2015 / 5:04 PM / 3 years ago

BUZZ- U.S. IPOs: Lift off!

** Eight IPOs launch this morning, while Fitbit Inc leads a diverse lineup of co’s seeking to raise as much as $3 bln over next two weeks

** Investor demand building for Fitbit’s $450m IPO, on track to price Wed night, as consumer tech co addresses 11th-hour lawsuit from rival Jawbone

** Univar Inc ($420 mln, chemicals) and 8Point3 Energy Partners ($400 mln, utility yieldco) week’s other large IPOs, both on tap to price Thursday night

** TransUnion Holding Company, ($650 mln, credit bureau), Alarm.com Holdings ($100 mln, tech) and Glaukos Corp ($75 mln, biotech) among co’s on road marketing ahead of prospective debuts next week

** Last week strong performances seen as five IPOs raised $565 mln

** Alzheimer biotech Axovant Sciences Ltd delivers one of year’s best first-day pops, doubles in its debut before paring gains

** Shares of Wingstop Inc take flight, finish week up 61 pct as fast casual chicken wing restaurant chain prices IPO above upwardly revised range

** Alongside last week’s IPOs, 17 follow-ons ($4.6 bln) and three convertibles ($625 mln) priced, approaching $5.8 bln in transaction value

** Notable $682 mln Newmont Mining Corp follow-on as co raises equity, rare event for gold miners, to help fund its acquisition from AngloGold Ashanti [ID:nL1N0YW1F2

** Amicus Therapeutics, one of week’s ten healthcare deals, hits six-year high after rare disease drug developer collects 50-pct more proceeds than planned

** Secondaries and convertibles continue prominence as OM Asset Management ($180 mln secondary) and Restoration Hardware Holdings ($250 mln convert) launch deals slated to price this week

** Recent IPO coverage (Messaging: lance.tupper.thomsonreuters.com@reuters.net)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below