IPO News Archive

Emerging market energy infrastructure operator AEI postpones IPO

10/29/09


AEI, which operates power and natural gas infrastructure in Latin America, Europe and Asia, postponed its IPO on Thursday after cutting the deal size by 65% earlier in the day. The company had planned to raise $263 million by offering 21 million shares at a price range of $12.00 to $13.00, instead of the previously anticipated 50 million shares at $14.00 to $16.00 ($750 million deal size). Goldman Sachs, Credit Suisse, Citi and J.P. Morgan were set to be the lead underwriters on the deal.

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