All eyes were on Japanese messaging application LINE's (LN) highly anticipated debut this week; and it did not disappoint, popping 27% on its opening day. AdvancePierre Foods (APFH) raised $391 million and traded up 14% its first day, closing out an active week that began with five companies setting terms on Monday. With...read more
AdvancePierre Foods Holdings, a largest US supplier of ready-to-eat food to restaurants, retailers and schools, raised $391 million by offering 18.6 million shares at $21, toward the low end of the range of $20 to $23. AdvancePierre Foods Holdings plans to list on the NYSE under the symbol APFH. Barclays, Credit Suisse, Morgan Stanley, Goldman Sachs, BMO Capital Markets and...read more
After two weeks that saw just two companies raise $180 million, two large, profitable companies are expected to price their US IPOs in the first full week of July, raising as much as $1.5 billion. One is an international company, a 5-year old Japanese mobile messaging app with secular growth that plans to dual-list in Tokyo and New York. The other is nearly 100% domestic, a 70-year...read more
AdvancePierre Foods Holdings, an Oaktree Capital-backed food manufacturer and supplier, announced terms for its IPO on Tuesday. The Blue Ash, OH-based company plans to raise $400 million by offering 18.6 million shares (40% insider) at a price range of $20 to $23. At the midpoint of the proposed range, AdvancePierre Foods Holdings would command a fully diluted market value of...read more
IPO Pro - "The Ultimate Resource for IPOs"
Don't risk buying another IPO without IPO Pro.
Get your FREE TRIAL now.
US IPO Weekly Recap: LINE and AdvancePierre trade up on market debut
All eyes were on Japanese messaging application LINE's (LN) highly anticipated debut this week; and it did not disappoint, popping 27% on its opening day. AdvancePierre Foods (APFH) raised $391 million and traded up 14% its first day, closing out an active week that began with five companies setting terms on Monday. With...read more
AdvancePierre Foods prices IPO at $21, toward the low end of the range
AdvancePierre Foods Holdings, a largest US supplier of ready-to-eat food to restaurants, retailers and schools, raised $391 million by offering 18.6 million shares at $21, toward the low end of the range of $20 to $23. AdvancePierre Foods Holdings plans to list on the NYSE under the symbol APFH. Barclays, Credit Suisse, Morgan Stanley, Goldman Sachs, BMO Capital Markets and...read more
US IPO Week Ahead: LINE hopes to send a positive message to the market
After two weeks that saw just two companies raise $180 million, two large, profitable companies are expected to price their US IPOs in the first full week of July, raising as much as $1.5 billion. One is an international company, a 5-year old Japanese mobile messaging app with secular growth that plans to dual-list in Tokyo and New York. The other is nearly 100% domestic, a 70-year...read more
Oaktree LBO AdvancePierre Foods sets terms for $400 million IPO
AdvancePierre Foods Holdings, an Oaktree Capital-backed food manufacturer and supplier, announced terms for its IPO on Tuesday. The Blue Ash, OH-based company plans to raise $400 million by offering 18.6 million shares (40% insider) at a price range of $20 to $23. At the midpoint of the proposed range, AdvancePierre Foods Holdings would command a fully diluted market value of...read more