Five companies raised $1.8 billion in a busy start to the 2013 US IPO market last week. After a run of success for MLP IPOs in 2012, three LPs saw weak trading, partly due to relatively full valuations and perhaps also because of investor fatigue. Two other...read more
USA Compression Partners, a limited partnership providing natural gas compression services in the US, raised $198 million by offering 11.0 million units at $18. The company had planned to offer 10 million units at a range of $19 to $21. USA Compression Partners,...read more
Throughout the past decade, US IPO pricings have fallen in January after heavy end-of-the-year activity, but 2013 appears likely to break the trend. Following December's four pricings, nine deals are already on the IPO calendar for January, including five...read more
The following IPOs are expected to price this week: CVR Refining, LP (CVRR), a limited partnership with petroleum refining operations in Kansas and Oklahoma, plans to raise $500 million by offering 20.0 million shares at a price range of $24.00 to...read more
Weekly Recap: 2013 US IPO market opens with five pricings
Five companies raised $1.8 billion in a busy start to the 2013 US IPO market last week. After a run of success for MLP IPOs in 2012, three LPs saw weak trading, partly due to relatively full valuations and perhaps also because of investor fatigue. Two other...read more
USA Compression Partners prices upsized IPO at $18, below the range
USA Compression Partners, a limited partnership providing natural gas compression services in the US, raised $198 million by offering 11.0 million units at $18. The company had planned to offer 10 million units at a range of $19 to $21. USA Compression Partners,...read more
Weekly Recap: 2013 US IPO calendar builds quickly
Throughout the past decade, US IPO pricings have fallen in January after heavy end-of-the-year activity, but 2013 appears likely to break the trend. Following December's four pricings, nine deals are already on the IPO calendar for January, including five...read more
5 US IPOs planned for the week of Jan 14
The following IPOs are expected to price this week: CVR Refining, LP (CVRR), a limited partnership with petroleum refining operations in Kansas and Oklahoma, plans to raise $500 million by offering 20.0 million shares at a price range of $24.00 to...read more