KNSL News

The post-Thanksgiving IPO market got off to a slower start than expected, with just one company raising $67 million, no filings and three launches this week, including Apollo-backed fixed-annuity provider Athene Holding, fluid subsystem delivery provider Ichor Holdings and Texas- and Louisiana-based E&P ...read more

Lowering corporate taxes has been at the top of the Trump agenda and, under a Republican controlled legislature, it is possible that a change in tax policy can be accomplished in the next few years. The details: The proposal is to lower corporate tax rates from the current 35% to 15%. Of course, many large-cap global companies are able to tax arbitrage and pay...read more

Four IPOs raised $315 million during the last week of the month, bringing July’s deal count to ten and signaling that IPO activity has not yet taken a vacation. Further evidence of a gradual tech IPO recovery materialized with cloud-based software provider Talend rocketing 42% higher on its debut, after pricing 13% above the midpoint.  On the other hand, cash-burning drug...read more

Kinsale Capital Group, a property and casualty insurer providing excess and surplus insurance, raised $106 million by offering 6.6 million shares at $16, the high end of the range of $14 to $16. Kinsale Capital Group plans to list on the Nasdaq under the symbol KNSL. J.P. Morgan, William Blair and RBC Capital Markets acted as lead managers on the deal....read more