Secondaries announced 8.15.2016

IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.

Company: Hospitality Properties Trust
Symbol: HPT
Price: Last trade $31.90
Description: Re-offer range $30.35-$31.30
Trade Date: 8/16
Shares: 11 million
Underwriter(s) Citigroup, BofA Merrill Lynch, Morgan Stanley
Rating=Subscription Needed

Company: Parsley Energy
Symbol: PE
Price: Last trade $34.57
Description: Re-offer $32.85-$34.05
Trade Date: 8/16
Shares: 7 million
Underwriter(s) J.P. Morgan
Rating=BUY

Company: Golub Capital BDC, Inc.
Symbol: GBDC
Price: Last trade $18.72
Description: Re-offer $18.35
Trade Date: 8/16
Shares: 1.75 million
Underwriter(s) Wells Fargo Securities
Rating=Subscription Needed

Company: Concho Resources
Symbol: CXO
Price: Last trade $136.44
Description: Re-offer range $130.90-$135.10
Trade Date: 8/16
Shares: 9 million
Underwriter(s) Credit Suisse
Rating=Subscription Needed

Company: Univar Inc.
Symbol: UNVR
Price: Last trade $20.10
Description: Re-offer $19.00-$19.50
Trade Date: 8/16
Shares: 20.9 million
Underwriter(s) Goldman Sachs
Rating=Subscription Needed

Company: Shopify, Inc.
Symbol: SHOP
Price: Last trade $39.08
Trade Date: 8/17
Shares: 7.5 million
Underwriter(s) Morgan Stanley, Credit Suisse, RBC Capital Markets
Rating=Subscription Needed

Company: Spark Therapeutics, Inc.-BLOCK
Symbol: ONCE
Price: Last trade $63.87
Description: Re-offer range $61.30-$61.90
Trade Date: 8/16
Shares: 1 million
Underwriter(s) UBS
Rating=Subscription Needed