Equities

IFR US ECM CALENDAR

 |  Stephen Lacey

June 25: Golar LNG Ltd (Bermuda, LNG processing) ─ $500m 5.5y CB marketed at 2.5%-3%, up 35%-40%. CITI, GS, CLRK, DNB. Concurrent 2.5m share buyback. Wall cross.

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.

June 25: Kratos Defense and Security Solutions (US, aerospace & defense) ─ $500m ABB. Fixed size (Primary) marketed at $38.00-$39.00 versus $40.77 last sale. BAIRD, RBC, RJ, TRST. Wall cross.

June 25: SiTime (US, semiconductor equipment) ─ $350m FO. Fixed size (Primary) versus $241.60 at launch. UBS, STFL.

June 26: Kymera Therapeutics (US, biotech) ─ $250m FO. Fixed size (Primary) versus $47.14 at launch. JEFF, JPM, LEER, MS, TDC.

July 1: CoastalSouth Bancshares (US, community bank) ─ $61.1m IPO. 2.6m shares (Primary, Secondary) at $21.50-$23.50. PS, 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
Americas Equity Capital Marketed Follow-Ons US Dollar North America United States Initial Public Offerings (IPO) ABBs and Block Trades
Issuers
Golar LNG Ltd (GLNG.O) Jefferson Capital Holdings LLC Kratos Defense and Security Solutions Inc (KTOS.O) SiTime Corp (SITM.O) Kymera Therapeutics Inc (KYMR.O) Fibra Uno Administracion SC (FUNO11.MX)