Equities

IFR US ECM CALENDAR

 | Updated:  |  Robert Sherwood

July 24: Array Technologies (US, renewable energy equipment) ─ $250m 6y cvt marketed at 2.5%-3%, up 27.5%-32.5%. JPM, GS, JEFF. . Capped call. Concurrently buying back a portion of $425m principal 1% CB due 2028. Capped call.

June 24: Cidara Therapeutics (US, biotech) ─ $250m FO. Fixed size (Primary) versus $44.95 at launch. JPM, MS, GUGG, CANT. 

June 25: Jefferson Capital (US, consumer finance) ─ $170m IPO. 10m shares (Primary, Secondary) at $15-$17. JEFF, KBW. Nasdaq “JCAP”. 5% DSP. Selling shareholder is JC Flowers. 

July 1: CoastalSouth Bancshares (US, community bank) ─ $61.1m IPO. 2.6m shares (Primary, Secondary) at $21.50-$23.50. PJ, STPH. NYSE “COSO”. Uplisting from OTC shares trading at $19.40 at launch. 

Week of June 30: Fibra NEXT (Mexico, warehouse REIT) ─ Ps8bn ($418m) IPO. 80m shares (Primary) at Ps100. BOFA, BBVA, BTG, GS.  

Topics
US Dollar Americas North America Equity Capital Latin America Mexico ABBs and Block Trades United States Marketed Follow-Ons Initial Public Offerings (IPO) Mexican Peso
Issuers
Jefferson Capital Holdings LLC Array Technologies Inc (ARRY.O) Fibra Uno Administracion SC (FUNO11.MX)