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IPOS, CONVERTS MAKE A COMEBACK

机译:IPOS,转换获得回报

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摘要

Capital market receptivity is seemingly improving, as SEC filings for IPOs are updated and convertible note and preferred offerings gain favor (see also: "Avenues Widen To Fund Acquisitions" in this issue). Noble Midstream Partners LP (NYSE: NBLX) has dusted off its IPO prospectus, in which it plans to offer 12.5 million common units in an expected price range of $19 to $21. This is in line with an earlier filing, which was put on hold last November due to market conditions. Net proceeds are projected to be $230.4 million at midpoint pricing.
机译:随着美国证券交易委员会(SEC)首次公开募股(IPO)文件的更新以及可转换票据和优先股获得青睐,资本市场的接受度似乎正在提高(另请参见:本期“为收购筹集资金的途径”)。 Noble Midstream Partners LP(NYSE:NBLX)已经取消了其招股说明书,该公司计划以预期价格在19到21美元之间的价格发行1,250万普通股。这与早先的申请相吻合,后者由于市场条件而于去年11月被搁置。按中间价计算,预计净收益为2.304亿美元。

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