GPP News

Things just got Seres in the IPO market. Thirteen companies went public this past week, more than any week since October 2014. Seres Therapeutics skyrocketed 186% on its debut - the highest first-day pop since January 2014. The thirteen IPOs raised $1.9 billion, less than expected because 70%...read more

Green Plains Partners LP, a Green Plains-backed MLP that owns ethanol storage tanks and terminals, raised $150 million by offering 10 million shares at $15, below the range of $19 to $21. Green Plains Partners LP plans to list on the NASDAQ under the symbol GPP. Barclays, BofA Merrill Lynch, Credit Suisse, Macquarie Capital and RBC Capital Markets acted as lead managers on the...read more

17 companies are on the calendar to go public this week and raise $2.5 billion. It should be the year's most active week in the IPO market; the second busiest week saw 10 IPOs in January. Investors have plenty of options this week, so expect IPO investors to demand discounts on some of the less hot...read more

Green Plains Partners LP, a Green Plains-backed MLP that owns ethanol transportation and storage assets, announced terms for its IPO on Tuesday. The Omaha, NE-based company plans to raise $200 million by offering 10 million shares at a price range of $19 to $21. At the midpoint of the proposed range, it would command a market value of $649 million. Parent Green Plains...read more