Equities

IFR US ECM Calendar

 |  Robert Sherwood

March 18: Guardian Pharmacy Services (US, healthcare services) ─ $158m ABB. 5m shares (Secondary) marketed at $30.60-$31.60 versus $33.91 last sale. BOFA, JEFF, RJ. Wall cross.

March 18: I-80 Gold (Canada, mining) ─ $200m 5y cvt marketed at 3.75%-4.25%, up 30%-35%. BMO, NBF. Wall cross.

March 19: Guardian Metal Resources (UK, mining) ─ $50m NYSE IPO. 3.1m shares (Primary). BMO, CANT. Each NYSE ADS represents five ordinary LSE shares trading at £2.45 ($16.35 per ADR) at launch.

March 19: Janus Living (US, senior housing REIT) ─ $740m IPO. 37m shares (Primary) at $18-$20. BOFA, JPM. NYSE “JAN”. Externally managed by Healthpeak Properties. Cornerstone investors CenterSquare Investment Management, DWS Group, MFS Investment Management, and PGIM indicating for up to $300m of shares sold in the offering. 5% DSP.

Topics
US Dollar Equity Capital Structured Equity ABBs and Block Trades Americas North America United States Initial Public Offerings (IPO) Marketed Follow-Ons
Issuers
Janus Living Inc (JAN.N) Healthpeak Properties Inc (DOC.N) Guardian Metal Resources PLC (GMET.L) I-80 Gold Corp (IAU.TO) Guardian Pharmacy Services Inc (GRDN.N)