Goldman's LBO, PSAV, failed to price this week and officially postponed its offering on Friday, reflecting the uncertain environment currently faced by investors. The IPO market is struggling to build momentum amid market volatility and macroeconomic disturbances. Along with continued talks of a Brexit, the Fed declined to raise rates again, and the VIX Volatility Index...read more
TGLT SA, the largest residential real estate developer in Argentina, filed on Tuesday with the SEC to raise up to $50 million in an initial public offering. The Buenos Aires, Argentina-based company plans to list on the NYSE under the symbol TGLT. TGLT SA filed confidentially on April 27, 2016. J.P. Morgan, Morgan Stanley, Santander and UBS Investment Bank are the joint...read more
US IPO Weekly Recap: Goldman's LBO postpones
Goldman's LBO, PSAV, failed to price this week and officially postponed its offering on Friday, reflecting the uncertain environment currently faced by investors. The IPO market is struggling to build momentum amid market volatility and macroeconomic disturbances. Along with continued talks of a Brexit, the Fed declined to raise rates again, and the VIX Volatility Index...read more
Argentine real estate company TGLT SA files for a $50 million US IPO
TGLT SA, the largest residential real estate developer in Argentina, filed on Tuesday with the SEC to raise up to $50 million in an initial public offering. The Buenos Aires, Argentina-based company plans to list on the NYSE under the symbol TGLT. TGLT SA filed confidentially on April 27, 2016. J.P. Morgan, Morgan Stanley, Santander and UBS Investment Bank are the joint...read more