IFR US ECM Calendar
February 17: Essential Properties Realty Trust (US, REIT) ─ $310.6m Block. 9.5m shares (Primary) marketed at $31.70-$32.69 versus $32.69 last sale. BOFA, MIZU, TRST, WF. Structured as a forward sale.
February 17: Getty Realty (US, REIT) ─ $134m Block. 4m shares (Primary) marketed at $32.80-$33.50 versus $33.83 last sale. JPM, WF. Structured as a forward sale.
February 17: Portland General Electric (US, utility) ─ $480m ABB. Fixed size (Primary) marketed at $50.45-$51.00 versus $52.56 last sale. WF, BOFA, BARC, JPM. Structured as a forward sale.
February 17: Rockpoint Gas Storage (Canada, energy storage) ─ C$427.3m Bought deal. 15.3m shares (Secondary) at C$28.00 fixed price versus C$29.16 at launch. RBC, JPM. Brookfield Asset Management is the selling shareholder.
February 17: Sandisk (US, computer equipment) ─ $3.1bn ABB. Fixed size (Secondary) marketed at $535.00-$555.00 versus $590.59 last sale. JPM, BOFA. Wall cross. Conducted as debt-for-equity exchange with selling shareholder Western Digital.
February 17: WP Carey (US, REIT) ─ $441m Block. 6m shares (Primary) marketed at $72.00-$73.50 versus $74.16 last sale. BOFA, JPM. Structured as a forward sale. Concurrent €1bn debt offering.
February 18: Compass Pathways (UK, biotech) ─ $150m FO. Fixed size (Primary) versus $7.63 at launch. JEFF, TDC, CANT, STFL. Reverse inquiry.
Week of February 23: AGT Food and Ingredients (Canada, food) ─ C$460m TSX IPO (Primary, Secondary). 15.33m-17.69m shares at C$26-$30. NBF, SCOT. TSX “AGTF”. OMERS is the selling shareholder.
February 25: Robinhood Ventures Fund I (US, closed end fund) ─ $1bn IPO. 40m shares (Primary, Secondary) at $25.00. GS. Robinhood Markets is selling 5m shares.