CD News

A total of 29 companies entered the public market this past week, the most ever in a single week. The week’s 11 IPOs were joined by 15 SPACs and three direct listings. Notable new IPO filings included TPG-backed antivirus provider McAfee (MCFE), Vista Equity’s IT software provider Datto (MSP), and three mortgage companies. ...read more

Chindata Group Holdings, an integrated data center operator focusing on Asia-Pacific emerging markets, raised $540 million by offering 40 million ADSs at $13.50, the high end of the range of $11.50 to $13.50. Chindata Group Holdings plans to list on the Nasdaq under the symbol CD. Morgan Stanley, Citi, UBS Investment Bank and China Renaissance acted as lead managers on the deal....read more

Updated Monday, 9/28. 11 IPOs and two direct listings are scheduled to go public in the week ahead. The diverse group includes three foreign tech issuers, two biotechs, two US tech unicorns, a sporting goods retailer, an avocado supplier, a medical device maker, and a foreign education company. More SPACs will likely join the calendar as well. ...read more

Chindata Group Holdings, an integrated data center operator focusing on Asia-Pacific emerging markets, announced terms for its IPO on Wednesday. The Beijing, China-based company plans to raise $500 million by offering 40 million ADSs at a price range of $11.50 to $13.50. The company plans to raise an additional $135 million in a concurrent private placement to Country Garden...read more