IFR US ECM Calendar
September 24: BXP (US, office REIT) ─ $600m 5y cvt marketed at 1.875%-2.375%, up 20%-25%. MS, JPM, WF, TRST. Capped call.
September 24: Blue Moon Metals (Canada, mining) ─ C$60m Bought deal. 18.2m shares at C$3.30 versus C$3.65 last sale. SCOT, CGEN.
September 24: Cohu (US, semiconductor equipment) ─ $200m 5.25y cvt marketed at 1.5%-2%, up 27.5%-32.5%. JEFF, EVER, TDC. Wall cross. Capped call.
September 24: Immuneering (US, biotech) ─ $125m ABB. Fixed size (Primary) versus $9.23 last ale. LEER, OPCO.
September 24: KalVista Pharma (US, biotech) ─ $110m 6y cvt marketed at 3.125%-3.375%, up 20% fixed. JEFF, TDC.
September 24: LatAm Airlines (Chile, airlines) ─ $690m Block. 15m shares (Secondary) at $43.60-$45.97 versus $45.97 last sale. GS, JPM.
September 24: MBX Biosciences (US, biotech) ─ $200m FO. 10m shares (Primary) versus $20.00 at launch. JPM, JEFF, TDC, GUGG.
September 24: PepGen (US, biotech) ─ $75m ABB. Fixed size (Primary) versus $2.66 last sale. LEER, STFL.
September 24: Transocean (Switzerland, offshore drilling) ─ $330m ABB. 100m shares. Fixed size (Primary) at $3.05-$3.30 versus $3.64 last sale. CITI, MS.
September 25: Mirion Technologies (US, medical devices) ─ $350m FO. Fixed size (Primary) versus $21.97 at launch. GS, EVER, CITI, MS.
September 25: UniQure (Netherlands, biotech) ─ $200m FO. Fixed size (Primary) versus $47.50 last sale. LEER, STFL, VLK, GUGG. Includes pre-funded warrants.
Week of September 29: Commercial Bancgroup (US, commercial bank) ─ $103.7m IPO. 3.7m shares (Primary, Secondary) at $25.75-$27.75. HOVD. Nasdaq “CBK”. 5% DSP.
September 30: Fermi (US, hyperscaler power generation) ─ $550m IPO. 25m shares (Primary) at $18-$22. UBS, EVER, CANT, MIZU. Dual listing on Nasdaq and LSE under symbol “FRMI”. 5% DSP.
September 30: Neptune Insurance (US, specialty insurance) ─ $368.4m IPO. 18.4m shares (Secondary) at $18-$20. MS, JPM, BOFA. NYSE “NP”. T Rowe Price and Alliance Bernstein have indicated for $75m combined of the offering.
September 30: Pague Menos (Brazil, pharmacy chain) ─ R$250m ($46.7m). 69.6m (Primary, Secondary) R$3.57 at launch. ITAU, BTG, BRAD, XP. Selling shareholder General Atlantic contributing another 10m shares to the greenshoe.