Equities

IFR US ECM Calendar

 |  Robert Sherwood

April 21: National Healthcare Properties (US, senior housing REIT) ─ $616m IPO. 38.5m shares (Primary) at $13-$16. WF, MS, BMO, GS, RBC. Nasdaq “NHP”. 

April 21: Yesway (US, convenience store chain) ─ $320.9m IPO. 13.95m shares (Primary) at $20-$23. MS, JPM, GS. Nasdaq “YSWY”. 5% DSP. 

April 22: Elmet Group. (US, industrial) ─ $107.7m IPO. 7.7m shares (Primary) at $12-$14. CANT, NEED, CGEN. Nasdaq “ELMT”. 2% DSP. 

April 23: X-Energy Reactor (US, nuclear reactors) ─ $814.3m IPO. 42.9m shares (Primary) at $16-$19. JPM, MS, JEFF, MOLS. Nasdaq "XE". Ark Investment Management indicating for up to $105m of the offering. 

April 28: Pershing Square USA (US, closed-end fund) ─ $5bn-$10bn IPO. 100m-200m shares (Primary) marketed at $50.00 fixed price. CITI, UBS, BOFA, JEFF, WF. NYSE “PS”. Concurrent $2.8bn private placement indicated for at launch. Concurrent distribution of 20 shares in Pershing Square Asset Management per 100 shares purchased in IPO.

Topics
Americas North America Canada Equity Capital Marketed Follow-Ons US Dollar Initial Public Offerings (IPO) Structured Equity United States ABBs and Block Trades
Issuers
National Healthcare Properties Inc (HLTC.PK) Yesway Inc (YSWY.O) Elmet Group Metal and Electric S.r.l X-Energy Reactor Company LLC Pershing Square USA Ltd (PSUS.N)