Equities

IFR US ECM Calendar

 |  Robert Sherwood

January 14: Caledonia Mining (Isle of Jersey, mining) – $100m 7y cvt marketed at 5.75%-6.25%, up 22.5%-27.5%. CANT. Capped call. Wall cross.

January 15: BridgeBio Pharma (US, biotech) – $550m 7y cvt marketed at 0.75%-1.25%, up 37.5%-42.5%. GS. Concurrent $82.5m share repurchase. Proceeds pre-fund maturity of $550m principal 2.5% CB due February 2027.

January 21: BitGo (US, crypto custodian bank) ─ $201m IPO. 11.8m shares (Primary, Secondary) at $15-$17. GS, CITI. NYSE “BTGO”. 10% DSP.

January 22: EquipmentShare.com (US, industrial equipment rental) ─ $777.8m IPO. 30.5m shares (Primary, Secondary) at $23.50-$25.50. GS, WF, UBS, CITI, GUGG. Nasdaq "EQPT". 1% DSP. Shoe is entirely secondary. Insight Venture Partners is among the selling shareholders.

Topics
US Dollar Americas North America United States Equity Capital Initial Public Offerings (IPO) Europe, Middle East and Africa Europe Western Europe Jersey ABBs and Block Trades Structured Equity Marketed Follow-Ons
Issuers
BitGo Ventures EquipmentShare.com Inc Caledonia Mining Corporation PLC (CMCL.A) BridgeBio Pharma Inc (BBIO.O)