Equities

IFR US ECM Pricings

| Robert Sherwood

Ingram Micro (US, IT services) ─ $200m ABB. 9m shares (Secondary) at $22.25 versus $22.25-$25.50 marketing and $26.36 last sale. MS, GS, JPM. Company bought back an additional $75m (increased from $50m) from selling shareholder Platinum Equity. Wall cross.

MiniMed (US, medical devices) ─ $560m IPO. 28m shares (Primary) at $20.00 versus $25-$28 marketing. GS, BOFA, CITI, MS. Nasdaq “MMED”. Spin-off from Medtronic.

REalloys (US, rare earth metals) ─ $50m ABB. 2.7m shares (Primary) at $18.50 versus $21.69 last sale. CLRST, NEED.

Robinhood Ventures Fund I (US, closed end fund) ─ $315.4m IPO. 12.6m shares (Primary) at $25.00 fixed price. GS. Downsized from 40m shares. Marketing extended from scheduled 2/25 pricing.

Topics

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

Issuers

Medtronic MiniMed Inc Robinhood Ventures Fund I (RVI.N) Medtronic PLC (MDT.N) Robinhood Markets Inc (HOOD.O) Ingram Micro Inc REalloys Inc (ALOY.OQ)