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US IPO Weekly Recap: Biotechs and energy fail to excite in 5-IPO week

AMGP

Five IPOs raised $1.4 billion this week, bringing the year's total up to 50 IPOs raising $15 billion.  Set to be the week's largest offerings, two energy companies struggled: Antero Midstream GP broke issue while Liberty postponed. A mortgage REIT and three biotechs rounded out the week. With no high-profile growth names for investors to get excited about (e.g. FND: +75%...read more

Antero Midstream GP LP prices IPO at $23.50, within the range

AMGP

Antero Midstream GP LP, which owns GP interests in Appalachian midstream MLP Antero Midstream Partners, raised $875 million by offering 37.3 million shares at $23.50, within the range of $22 to $25. Antero Midstream GP LP plans to list on the NYSE under the symbol AMGP. Morgan Stanley, Barclays, J.P. Morgan, Baird, Citi, Goldman Sachs and Wells Fargo Securities acted as lead...read more

US IPO Week Ahead: May starts strong with 6 IPOs featuring energy and biotech

AMGP

The IPO market continues to heat up with six deals on the calendar aiming to raise $1.7 billion in the first week of May. They include three biotechs, two energy companies and one mortgage REIT. This April was the busiest month for IPOs in almost two years, and the month of May typically averages a...read more

Public offering for a pipeline partner: Antero Midstream GP LP sets terms for $875 million IPO

AMGP

Antero Midstream GP LP, which owns GP interests in natural gas MLP Antero Midstream Partners, announced terms for its IPO on Monday. The Denver, CO-based company plans to raise $875 million by offering 37.25 million shares (100% insider) at a price range of $22 to $25. At the midpoint of the proposed range, Antero Midstream GP LP would command a market value of $4.4 billion. ...read more