IFR US ECM Calendar
April 9: CoreWeave (US, AI infrastructure) – $3bn 6.5y cvt marketed at 1.5%-2.0%, up 27.5%-32.5%. GS, JPM, MS. Capped call.
April 9: Nouveau Monde Graphite (Canada, mining) ─ $84m Bought deal. 45.6m shares (Primary) at $1.84 fixed price versus $2.35 last sale. BMO, NBF. Concurrent $213m private placement. In US dollars.
April 15: Arxis (US, aerospace and defense) ─ $1.06bn IPO. 37.7m shares (Primary) at $25-$28. GS, MS, JEFF. NASDAQ "ARXS". Capital International, Capital Research Global, Janus Henderson and T Rowe Price have indicated for $400m combined of the offering. 5% DSP.
April 15: Madison Air Solutions (US, industrial) ─ $2.23bn IPO. 82.7m shares (Primary) at $25-$27. GS, BARC, JEFF, WF. NYSE “MAIR”. Morgan Stanley Investment Management, Durable Capital and HRTG have indicated for $525m combined of the offering. Founder Larry Gies purchasing $100m of Class B shares through concurrent private placement.
April 16: Aevex (US, aerospace and defense) ─ $336m IPO. 16m shares (Primary, Secondary) at $18-$21. GS, BOFA, JEFF. NYSE "AVEX". Madison Dearborn is the controlling shareholder. 5% DSP.