Cobalt International Energy, an oil E&P firm with deepwater prospects in the Gulf of Mexico and off West Africa, will see its quiet period end on Sunday, Jan. 24. On Dec. 15, 2009, the company raised $851 million by offering 63 million shares at $13.50, below...read more
All four IPOs this week were backed by private equity companies and priced below their proposed ranges. With the IPO market heating up in recent months, companies looking to raise capital have been forced to discount their deals to accommodate a highly...read more
Cobalt International Energy, an oil E&P firm with deepwater prospects in the Gulf of Mexico and off West Africa, priced its 63 million share IPO at $13.50, 16% below the midpoint of the $15-$17 range, raising $851 million in total. The company plans to list on ...read more
The following IPOs are expected to price this week: Cobalt International Energy (CIE), an oil E&P firm with deepwater prospects in the Gulf of Mexico and off West Africa, plans to raise $1 billion by offering 63 million shares at a price range of $15.00 to...read more
Cobalt International quiet period ends January 24
Cobalt International Energy, an oil E&P firm with deepwater prospects in the Gulf of Mexico and off West Africa, will see its quiet period end on Sunday, Jan. 24. On Dec. 15, 2009, the company raised $851 million by offering 63 million shares at $13.50, below...read more
Four PE-backed IPOs price down this week
All four IPOs this week were backed by private equity companies and priced below their proposed ranges. With the IPO market heating up in recent months, companies looking to raise capital have been forced to discount their deals to accommodate a highly...read more
Cobalt International prices IPO at $13.50, below the range
Cobalt International Energy, an oil E&P firm with deepwater prospects in the Gulf of Mexico and off West Africa, priced its 63 million share IPO at $13.50, 16% below the midpoint of the $15-$17 range, raising $851 million in total. The company plans to list on ...read more
IPO activity continues with five deals planned for the week of Dec. 14
The following IPOs are expected to price this week: Cobalt International Energy (CIE), an oil E&P firm with deepwater prospects in the Gulf of Mexico and off West Africa, plans to raise $1 billion by offering 63 million shares at a price range of $15.00 to...read more