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ILPT News

January IPOs raise $9 billion in record-breaking start to 2018

PAGS

The IPO market had the biggest January on our records (25+ years) by IPO proceeds and tied 2014's record-high by deal count. The ...read more

US IPO Weekly Recap: Energy heats up in the first 4 IPOs of 2018

LBRT

Four companies raised a combined $1.2 billion in the first active week of 2018. Fracking services provider Liberty Oilfield Services upsized its offering and traded up 28%, the best first day pop for an energy IPO since 2014. On the other hand, Industrial REIT Industrial Logistics Properties Trust priced its $480 million IPO well...read more

Industrial Logistics prices IPO at $24, well below the $28 to $31 range

ILPT

Industrial Logistics Properties Trust, an RMR-managed industrial REIT spun out of Select Income REIT, raised $480 million by offering 20 million shares at $24, well below the range of $28 to $31. Industrial Logistics Properties Trust plans to list on the Nasdaq under the symbol ILPT. UBS Investment Bank, Citi, RBC Capital Markets, BofA Merrill Lynch, Morgan Stanley and Wells Fargo...read more

US IPO Weekly Recap: IPO calendar begins to fill up in the first week of 2018

ADT

A flurry of IPOs joined the calendar to kick off the new year, most notably ADT. Less than two years since Apollo took the security services behemoth private, ADT (ADT) launched a $2 billion public offering that will value the company at $14 billion. After postponing its IPO in 2017, fracker Liberty Oilfield Services (LBRT) will be making a...read more