Secondaries announced 8.8.2016

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: SM Energy
Symbol: SM
Price: Last trade $29.30
Trade Date: 8/9
Shares: 15 million
Underwriter(s) Wells Fargo, BofA Merrill Lynch, J.P. Morgan, Barclays, BBVA, RBC Capital Markets
Rating=Subscription Needed

Company: Fox Factory Holding Corp.
Symbol: FOXF
Price: Last trade $20.14
Description: Re-offer range $18.40-$19.40
Trade Date: 8/9
Shares: 3.5 million
Underwriter(s) BofA Merrill Lynch
Rating=Subscription Needed

Company: Phillips 66 Partners LP
Symbol: PSXP
Price: Last trade $52.31
Description: Re-offer range $50.22-$51.80
Trade Date: 8/9
Shares: 6 million
Underwriter(s) RBC Capital Markets
Rating=Subscription Needed

Company: United States Steel Corp.
Symbol: X
Price: Last trade $25.83
Trade Date: 8/10
Shares: 17 million
Underwriter(s) J.P. Morgan, Goldman Sachs
Rating=Subscription Needed

Company: B&G Foods Inc.
Symbol: BGS
Price: Last trade $51.09
Description: Re-offer range $48.55-$49.55
Trade Date: 8/9
Shares: 3.75 million
Underwriter(s) Barclays Capital, BofA Merrill Lynch, RBC Capital Markets
Rating=Subscription Needed

Company: Acadia Realty Trust
Symbol: AKR
Price: Last trade $36.27
Description: Re-offer range $35.80-$36.00
Trade Date: 8/9
Shares: 4.2 million
Underwriter(s) Citigroup, BofA Merrill Lynch
Rating=Subscription Needed

Company: VTTI Energy Partners LP
Symbol: VTTI
Price: Last trade $20.71
Description: No re-offer range available
Trade Date: 8/9
Shares: 5.25 million
Underwriter(s) J.P. Morgan, BofA Merrill Lynch
Rating=Subscription Needed

Company: BioMarin Pharmaceutical Inc.
Symbol: BMRN
Price: Last trade $99.02
Description: No re-offer range available
Trade Date: 8/9
Shares: 7.5 million
Underwriter(s) Goldman Sachs, BofA Merrill Lynch
Rating=Subscription Needed

Company: Pattern Energy Group Inc.
Symbol: PEGI
Price: Last trade $24.77
Description: Re-offer $23.90
Trade Date: 8/9
Shares: 4.9 million
Underwriter(s) Morgan Stanley, RBC Capital Marktets, BMO Capital Markets, BofA Merrill Lynch, Citigroup
Rating=Subscription Needed

Company: Trinseo SA
Symbol: TSE
Price: Last trade $51.51
Description: Re-offer $49.50
Trade Date: 8/9
Shares: 8 million
Underwriter(s) Morgan Stanley, Jefferies
Rating=Subscription Needed

Company: Ekso Bionics
Symbol: EKSO
Price: Last trade $6.22
Description: Re-offer $4.00
Trade Date: 8/9
Shares: 3.75 million
Underwriter(s) Cowen & Co.
Rating=Subscription Needed

Company: Wingstop Inc.
Symbol: WING
Price: Last trade $30.08
Description: re-offer range $28.85-$29.25
Trade Date: 8/9
Shares: 6 million
Underwriter(s) Barclays
Rating=Subscription Needed

Secondaries announced 8.8.2016
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