Equities

IFR US ECM Calendar

| Robert Sherwood

November 19: American Integrity Insurance (US, flood insurance) ─ $72.5m FO. 3m shares (Secondary) versus $24.15 at launch. KBW, PS, WBLR.

November 19: Central Bancompany (US, banking) ─ $426.7m IPO. 17.8m shares (Primary) at $21-$24. MS, KBW. Nasdaq "CBC". Uplisting from OTC trading venue under symbol "CBCY" at $21.00 at launch.

November 19: EOS Energy Enterprises (US, battery storage) ─ $500m 6y cvt marketed at 1.25%-1.75%, up 27.5%-32.5%. GS, JEFF, STFL. Concurrent registered direct offering to facilitate delta hedging. Concurrently buying back a portion of $225m principal 6.75% CB due 2030.

November 19: PPL (US, utility) ─ $1bn 5y exch cvt marketed at 2.5%-3%, up 20%-25%. WF, BARC, GS, MIZU.

Topics

Equity Capital Structured Equity ABBs and Block Trades US Dollar Americas Marketed Follow-Ons Initial Public Offerings (IPO) North America United States

Issuers

American Integrity Insurance Group Inc (AII.N) PPL Corp (PPL.N) Eos Energy Enterprises Inc (EOSE.O) Central Bancompany Inc (CBCY.PK)