EHIC News

9 companies went public in the past week as the IPO market raised $3.5 billion. At 26 deals, November issuance fell one IPO short of last year, unless CVSL manages to price next week. November IPOs raised $7.2 billion and averaged 19% from the offer price, including 4% after the first day. Two companies rose over 100% on their debut, the ...read more

eHi Car Services, a Chinese car rental service with an 18,000 vehicle fleet in 90 cities, raised $120 million by offering 10 million ADSs at $12, the low end of the range of $12 to $14. eHi Car Services plans to list on the NYSE under the symbol EHIC. eHi Car Services initially filed confidentially on 6/30/2014. J.P. Morgan and Goldman Sachs (Asia) acted as lead managers on the...read more

10 deals are on the IPO calendar to raise $4.2 billion for the week of November 17, 2014. This should be the IPO market's largest equity raise in 8 weeks, led by the $2.3 billion initial public offering of office REIT Paramount Group. MLPs have been the yield play of 2014,...read more

10 deals are on the IPO calendar to raise $2.2 billion for the week of November 10, 2014. The two largest, auto paint maker Axalta Coating Systems and contract research organization PRA Health Sciences, are both LBOs. Representing 27% of 2014 deal flow (65 to date), biotechs are the...read more