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MCRN News

US IPO Weekly Recap: Year's hottest deal pops 186% in year's most active week with 13 IPOs

Things just got Seres in the IPO market. Thirteen companies went public this past week, more than any week since October 2014. Seres Therapeutics skyrocketed 186% on its debut - the highest first-day pop since January 2014. The thirteen IPOs raised $1.9 billion, less than expected because 70%...read more

Milacron Holdings prices IPO at $20, the low end of the range

MCRN

Milacron Holdings, the largest manufacturer of plastic processing equipment in the US, raised $286 million by offering 14.3 million shares at $20, the low end of the range of $20 to $22. Milacron Holdings plans to list on the NYSE under the symbol MCRN. BofA Merrill Lynch, Barclays, J.P. Morgan, Baird, Credit Suisse and Goldman Sachs acted as lead managers on the deal....read more

Week ahead: As many as 17 IPOs could price during the week of June 22

TRU

17 companies are on the calendar to go public this week and raise $2.5 billion. It should be the year's most active week in the IPO market; the second busiest week saw 10 IPOs in January. Investors have plenty of options this week, so expect IPO investors to demand discounts on some of the less hot...read more

LBO'd equipment maker Milacron Holdings sets terms for $300 million IPO

MCRN

Milacron Holdings, the largest manufacturer of plastic processing equipment in the US, announced terms for its IPO on Monday. The Cincinnati, OH-based company plans to raise $300 million by offering 14.3 million shares at a price range of $20 to $22. At the midpoint of the proposed range, Milacron Holdings would command a fully diluted market value of $1.5 billion. Milacron...read more