Equities

Create Bookmark Delete Bookmark Create Alert Delete Alert

IFR US ECM Calendar

 |  Robert Sherwood

February 2: Oracle (US, software) ─ $5bn 3y mand cvt pfd marketed at 6.25%-7.25% div and 25% fixed conversion premium. BOFA, DB, GS, HSBC, JPM. Simultaneously filed $20bn ATM, launched simultaneously with expected $25bn bond offering.

February 2: VSE (US, aviation services) ─ $650m FO. Fixed size (Primary) versus $218.57 at launch. JEFF, RBC. Concurrent $350m 3y mand cvt. Partial funding for $2bn purchase of Precision Aviation. 

February 2: VSE (US, aviation services) ─ $350m 3y mand cvt marketed at 5.75%-6.25% div, up 17.5%-22.5%. JEFF, RBC. Concurrent $650m FO. Partial funding for $2bn purchase of Precision Aviation.

February 3: Veradermics (US, biotech) ─ $213.6m IPO. 13.4m shares (Primary) at $14-$16. JEFF, LEER, CITI, CANT. NYSE “MANE”. Wellington Management has indicated for $30m of offering.

February 4: Bob’s Discount Furniture (US, retail) ─ $369.6m IPO. 19.5m shares (Primary) at $17-$19. JPM, MS, RBC, UBS. NYSE "BOBS". Bain Capital is providing secondary shares for 15% greenshoe option.

February 4: Eikon Therapeutics (US, biotech) ─ $317.7m IPO. 17.6m shares (Primary) at $16-$18. JPM, MS, BOFA, CANT, MIZU. Nasdaq "EIKN". Banks have communicated Merck has pledged to invest $30m on the offering.

February 4: Forgent Power Solutions (US, digital infrastructure equipment) ─ $1.6bn IPO. 56m shares (Primary, Secondary) at $25-$29. GS, JEFF, MS. NYSE "FPS". Neos Partners is the selling shareholder.

February 5: Agomab Therapeutics (Belgium, biotech) ─ $212.5m IPO. 12.5m shares (Primary) marketed at $15-$17. JPM, MS, LEER, VSK. Nasdaq “AGMB”.

February 5: Liftoff Mobile (US, adtech) ─ $762m IPO. 25.4m shares (Primary) marketed at $26-$30. GS, JEFF, MS. Nasdaq “LFTO”. Blackstone Group and General Atlantic Partners are among the existing shareholders.

February 5: Once Upon a Farm (US, consumer goods) – $208.9m IPO. 11m shares (Primary, Secondary) at $17-$19. GS, JPM, BOFA, WBLR. NYSE "OFRM". Public benefit corporation.

February 5: SpyGlass Pharma (US, biotech) ─ $159.4m IPO. 9.4m shares (Primary) at $15-$17. JEFF, LEER, CITI, STFL. Nasdaq "SGP".

February 10: AGI (Brazil, fintech) – $785.5m IPO. 43.6m shares (Primary) at $15-$18. GS, MS, CITI. NYSE “AGBK”.

February 10: Solv Energy (US, engineering and construction) ─ $512.5m IPO. 20.5m shares (Primary) at $22-$25. JEFF, JPM. Nasdaq “MWH”.