Anthony Hughes is senior reporter, equities, for IFR where he covers developments in US equity capital markets. He previously worked as a financial reporter and columnist for the Australian Financial Review and, prior to that, as investment editor at the Sydney Morning Herald.
The We Company, better known as WeWork, publicly filed with the SEC this morning for its much-anticipated IPO, setting the stage for the company to go public as early as next month in one of the biggest listings of the year.
St Louis-based power and gas company Ameren took advantage of the utilities sector’s outperformance so far this quarter thanks to falling interest rates to raise US$561m from a forward sale of equity.
The US sponsor block trade business is having a slower year, but sprang back to life in the past week with a series of overnight sell-downs that allowed private equity firms to pare their public portfolio holdings at attractive prices.