TCL Associates Releases IPO Forecast For The Week of August 12th
Tokyo Based Equity Researcher TCL Associates releases its list of IPOs that they expect to hit the market the week of August 12th. Companies in a range of sectors from REIT, reinsurer, and medical services will have their IPO.
Chuo-ku Tokyo (I-Newswire) August 14, 2013 - Independence Reality Trust (IRT) is a real estate investment trust that owns properties in six American states. They will offer 4 million shares with a price range of $10 to $11 with the intention of raising $42 million. If successful Independence Reality Trust would have a market value $101 million. The company was founded in 2009 and is based in Philadelphia, PA. Over the past year they have recorded $17 million in sales. JMP Securities, William Blair, Compass Point, and Ladenburg Thalmann & CO are underwriting the deal.
Envision Healthcare (EVHC) who provides ambulance and outsourced medical services will offer 35 million shares with a price range of $20 to $23 with the intention of raising $753 million. If successful Envision Healthcare would have a market value of $3.9 billion. The company was founded in 2011 and is based in Greenwood Village, CO. Over the past year they have recorded $3.5 billion in sales. Bank of America Merrill Lynch, Barclays, and Goldman Sachs are underwriting the deal.
Third Point Reinsurance (TPRE) is a casualty and speciality property reinsurer will offer 22.2 million share at a price range of $12.50 to $14.50 with the intention of raising $300 million. If successful Third Point Reinsurance would have a market value of $1.4 billion. The company was founded in 2011 and is based in Bermuda. Over the past year they have recorded $397 million in sales. Morgan Stanley, Credit Suisse, Bank of America Merrill Lynch and JP Morgan are underwriting the deal.
China Commercial Credit (CCCR) is a lender to small businesses in China, who will offer 1.9 million shares at a price range of $6 to $7 with the intention of raising $13 million. If successful China Commercial Credit would have a market value $71 million. The company was founded in 2008 and is based in Wujiang China. Over the past year they have recorded $13 million in sales. Axiom Capital Management and Burnham Securities are underwriting the deal.
About TCL Associates
TCL Associates provides institutional level research data on the global stock exchanges, including b More..ut not limited to trend identification and analysis, qualitative and quantitative analysis of companies, risk assessment.
Following our company's formation in 2002 TCL Associates has grown from a company with 20 staff and a single office, to a worldwide brand employing over 200 financial data experts.Less..
Taiyo Seimei Nihonbashi Building, 2-11-2, Nihonbashi, Chuo-ku Tokyo, Japan
Phone : +81 3457 80443
Published On:August 14, 2013
Print Release:Print Release
If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.
How to Grow An Organisation with Award-Winning HELIX
Asistmi Local Search Engine, One Stop Shopping Directory
Jack Terzi of JTRE to Acquire 63 Spring Street in New York
Lasik Surgeon Phoenix-the Best for Perfect and Safe Eye Surgery
Steel Flooring System- Steel Solutions for the Better World