{"id":1693,"date":"2017-01-23T11:02:22","date_gmt":"2017-01-23T16:02:22","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=1693"},"modified":"2017-01-23T11:10:42","modified_gmt":"2017-01-23T16:10:42","slug":"invitation-homes-two-others-set-terms-for-ipos-next-week","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/invitation-homes-two-others-set-terms-for-ipos-next-week\/","title":{"rendered":"Invitation Homes, two others set terms for IPOs next week"},"content":{"rendered":"<h3><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.ipoboutique.com\/newsletter.htm\" target=\"_blank\">SUBSCRIBE TO IPOBoutique\u2019s Free Weekly Newsletter\u00a0<\/a><\/span><\/h3>\n<hr \/>\n<p>Invitation Homes was one of three companies who set terms for an IPO on Monday morning bringing the total deal count for the week of January 30 to a total of five. The Blackstone Group owned &#8216;INVH&#8217; is looking to sell a grand total of 77 million shares for $1.501bn if the shares are priced at the midpoint of the $18-$21 range. This would\u00a0surpass the largest deal from 2016 as last year&#8217;s ZTO Express (NYSE: ZTO) raised $1.406bn.<\/p>\n<p><span style=\"text-decoration: underline;\">TERMS ADDED<\/span><\/p>\n<p>Company: <strong>Ramaco Resources<\/strong><br \/>\nSymbol: METC<br \/>\nPrice: $12.00-$15.00<br \/>\nDescription: They are a developer of high-quality, low-cost metallurgical coal in central and southern West Virginia, southwestern Virginia, and southwestern Pennsylvania.<br \/>\nTrade Date: 2\/3<br \/>\nShares: 6.5 million<br \/>\nUnderwriter(s): Credit Suisse, Jefferies, BMO Capital Markets<br \/>\nCo Manager(s): Clarkson&#8217;s Platou Securities, Seaport Global Securities<\/p>\n<p>Company: <strong>Invitation Homes<\/strong><br \/>\nSymbol: INVH<br \/>\nPrice: $18.00-$21.00<br \/>\nDescription: They are a leading owner and operator of single-family homes for lease in the United States.<br \/>\nTrade Date: 2\/2<br \/>\nShares: 77 million<br \/>\nUnderwriter(s): Deutsche Bank Securities, J.P. Morgan, BofA Merrill Lynch, Goldman Sachs &amp; Co., Wells Fargo Securities, Credit Suisse, Morgan Stanley, RBC Capital Markets<br \/>\nCo Manager(s): Blackstone Capital Markets, BTIG, Evercore ISI, FBR, JMP Securities, Keefe Bruyette &amp; Woods, Raymond James, Siebert Cisneros Shank &amp; Co., L.L.C., Zelman Partners LLC<\/p>\n<p>Company:<strong> IC Power Pte Ltd.<\/strong><br \/>\nSymbol: ICP<br \/>\nPrice: $12.00-$15.00<br \/>\nDescription: They are a leading owner, developer and operator of power facilities located in key power generation markets in Latin America, the Caribbean and Israel, utilizing a range of fuels, including natural gas, hydroelectric, HFO, diesel and wind.<br \/>\nTrade Date: 2\/3<br \/>\nShares: 25.9 million<br \/>\nUnderwriter(s): BofA Merrill Lynch, Credit Suisse, Goldman Sachs &amp; Co., UBS Investment Bank<br \/>\nCo Manager(s): HSBC, Scotiabank, Credicorp Capital<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SUBSCRIBE TO IPOBoutique\u2019s Free Weekly Newsletter\u00a0 Invitation Homes was one of three companies who set terms for an IPO on Monday morning bringing the total deal count for the week of January 30 to a total of five. The Blackstone Group owned &#8216;INVH&#8217; is looking to sell a grand total of 77 million shares for[&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1036,1014,990],"class_list":["post-1693","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-icp","tag-invh","tag-metc"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/1693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=1693"}],"version-history":[{"count":4,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/1693\/revisions"}],"predecessor-version":[{"id":1697,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/1693\/revisions\/1697"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=1693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=1693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=1693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}