News

Initial public offerings scheduled to debut next week

NEW YORK, N.Y. – The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.

Week of April 18:

American Renal Associates Holdings – Beverly, Mass., 7.5 million shares, priced $20-$23, managed by BofA Merrill Lynch/Barclays Goldman Sachs. Proposed NYSE symbol ARA. Business: Kidney dialysis clinics.

MGM Growth Properties LLC. – Las Vegas, 50 million shares, priced $18-$21, managed by BofA Merrill Lynch/J.P. Morgan Stanley. Business: MGM Resorts-backed REIT with an initial protfolio of 10 gaming properties.

SecureWorks – Atlanta, 9 million shares, priced $15.50-$17.50, managed by BofA Merrill Lynch/Morgan Stanley Goldman Sachs. Business: Managed security services provider being spun out of Dell.