Equities

IFR US ECM CALENDAR

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Priced

Highview Merger (US, SPAC) ─ $230m IPO. 23m units (Primary) at $10.00. JEFF. Nasdaq “HVMC”. Each unit comprises one share and one-half warrant. David Boris/Taylor Rettig. No defined target. 24 months. 100% in trust.

Miami International  (US, electronic trading) ─ $345m IPO. 15m shares (Primary) at $23.00 versus $19-$21 marketing. JPM, MS, PS. NYSE “MIAX”. Wellington Management has indicated for $40m of the offering. 

Calendar

August 13: Centrus Energy (US, nuclear power) ─ $650m 7y cvt marketed at 0% fixed, up 17.5%-22.5%. BOFA, JPM, EVER. 

August 13: Euronet Worldwide (US, fintech) ─ $850m 5y cvt marketed at 0.5%-1% up 27.5%-32.5%. WF, BOFA, HSBC, RBC. Company concurrently buying back up to $175m of common stock. Capped call. 

August 13: Intuitive Machines (US, aerospace & defense) ─ $250m 5y cvt marketed at 2.25%-2.75%, up 22.5%-27.5%. CANT, DB, STFL. Capped call. 

August 13: Klaviyo (US, software) ─ $196.4m Block. 6.5m shares (Secondary) marketed at $30.22 fixed price versus $31.48 last sale. BARC. Summit Partners is the selling shareholder. 

August 13: Latam Airlines (Chile, airlines) ─ $645m Block. 15m shares (Secondary) marketed at $42.40-$43.00 versus $44.75 last sale. JPM, BARC.  

August 13: Solventum (US, healthcare supplies) ─ $654.5m Block. 8.8m shares (Secondary) marketed at $73.65-$74.38 versus $74.38 last sale. GS, BOFA. 3M is the selling shareholder. 

August 14: Circle Internet (US, stablecoin) ─ $1.63bn FO. 10m shares (Primary, Secondary) versus $163.21 at launch. JPM, CITI, GS.