Equities

IFR US ECM Calendar

| Robert Sherwood

February 11: Arko Petroleum (US, wholesale fuels) ─ $210m IPO. 10.5m shares (Primary) at $18-$20. UBS, RJ, STFL. Nasdaq “APC”. Spin off from ARKO. 5% DSP.

February 11: Nektar Therapeutics (US, biotech) ─ $300m FO. Fixed size (Primary) versus $56.00 at launch. JEFF, TDC, PS.

February 12: Clear Street (US, financial services) ─ $1.05bn IPO. 23.8m shares (Primary) at $40-44. GS, BOFA, MS, UBS, CLST. Nasdaq “CLRS”. BlackRock has indicated for $200m of offering. 5% DSP.

Topics

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

Issuers

Arko Corp. (ARKO.O) Clear Street Group Inc Nektar Therapeutics (NKTR.O)