Edition:
United States

Robert Sherwood

Sales top IPOs as private equity cashes out

Aug 26 2016

NEW YORK, Aug 26 (IFR) - Private equity firms are increasingly choosing outright sales instead of IPOs when it comes to cashing out of their investments as ECM is unable to compete with buyers capitalising on accommodative debt markets.

American Homes seeks to diversify funding

Oct 09 2013

Oct 9 (IFR) - American Homes 4 Rent, the largest publicly-traded player in the emergent single-family rental home market, is looking to raise US$100m from a preferred stock offering. By tying a portion of investor returns to home prices in select markets, the financing represents a novel approach to fund ongoing purchases of homes.

Premier appoints BofA, JPM to lead initial public offering

Feb 04 2013

NEW YORK, Feb 4 (IFR) - The Premier healthcare alliance, the nation's largest and most comprehensive healthcare database, is headed for an IPO.

Pfizer names banks on animal healthcare IPO

Jul 31 2012

NEW YORK, July 30 (IFR) - Pfizer Inc has appointed Bank of America Merrill Lynch, JP Morgan and Morgan Stanley to lead the IPO of its animal health-care unit, according to sources close to the situation.

Pinnacle Foods mandates for IPO

Feb 29 2012

Feb 29 (IFR) - Pinnacle Foods Group mandated Barclays Capital and Bank of America Merrill Lynch to lead its initial public offering, according to two sources familiar with the process. The company is expected to use proceeds from the offering to repay debt, with private-equity owner Blackstone Group selling down its ownership stake in subsequent sales, according to the sources.

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