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PGI Announces IPO Plans

2015-02-10 06:00:00| Nonwovens Industry Breaking News

Nonwovens maker files registration papers with SEC.

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Sunrise prices IPO mid-range, raises CHF 1.36 bln

2015-02-06 08:44:00| Telecompaper Headlines

(Telecompaper) Swiss operator Sunrise has priced its initial public offering (IPO) and started listing on the SIX Swiss Exchange. Trading will begin following the IPO. The IPO is expected to close on 10 February. The company priced the offered shares at CHF 68 per share, in the middle of the indicated range of CHF 58-78. The total base offering consists of 20.0 million shares to be issued by Sunrise and 9.3 million existing shares offered by the selling shareholder. Sunrise and CVC have also granted a greenshoe of 4.1 million shares, to be offered by the selling shareholder. Following completion of the IPO, the number of offered Shares in the base offering will represent 65 percent of the issued share capital before the greenshoe and 75 percent after. Sunrise will use the expected proceeds of CHF1.36 billion, together with proceeds from other sources, to redeem in full the PIK Toggle notes and the 2012 notes and to pay back EUR 451 million of the senior notes and CHF 121 million of the CHF denominated 2010 Fixed Rate Senior Secured Notes on 13 February.

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Sunrise raises 1.3bn in primary proceeds from IPO

2015-02-06 01:00:00| Total Telecom industry news

The final price is set at the mid-point of the price range, at 68 francs per share.

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Budget carrier Wizz Air revives London IPO plans

2015-02-04 14:47:25| Airlines - Topix.net

European budget carrier Wizz Air Holdings PLC on Wednesday revived plans to float stock in London after falling oil prices boosted the fortunes of most airlines. "It is not only the market environment that has moved in a positive direction, but also our business has performed well," Chief Executive Jozsef Varadi said in an interview.

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Zosano Pharma raises $50M after IPO hits target

2015-01-27 23:58:05| Biotech - Topix.net

Fremont-based Zosano Pharma, led by CEO Vikram Lamba, raised $50 million in an IPO that priced in the middle of its target range on Tuesday. The company's stock rose slightly in its Nasdaq debut.

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