NEW YORK, N.Y. – The following is a list of initial public offerings planned for the coming week. Sources include Renaissance Capital, Greenwich, CT (www.renaissancecapital.com) and SEC filings.
Week of November 4:
Arc Logistics Partners LP – New York, 6 million common units, priced $19 to $21, managed by Citigroup, Barclays, SunTrust Robinson Humphrey, and Wells Fargo. Proposed NYSE symbol ARCX. Business: Lightfoot Capital-backed MLP formed to own and operate energy logistics assets.
Avianca Holdings S.A. – Panama City, Panama, 27.2 million American depositary shares, each representing 8 preferred shares, priced $17 to $20, managed by J.P. Morgan, Citigroup, and BofA Merrill Lynch. Proposed NYSE symbol AVH. Business: A leading Latin American airline with hubs in Colombia, Peru and El Salvador.
Barracuda Networks Inc. – Campbell, Calif., 4.1 million shares, priced $18 to $21, managed by Morgan Stanley, J.P. Morgan, and BofA Merrill Lynch. Proposed NYSE symbol CUDA. Business: Provides easy-to-use security, spam-filtering and storage systems for small and medium size businesses.
Blue Capital Reinsurance Holdings Ltd. – Pembroke, Bermuda, 6.25 million shares, priced at $20 each, managed by Deutsche Bank, Barclays, and Keefe Bruyette Woods. Proposed NYSE symbol BCRH. Business: Property catastrophe reinsurance company formed by Montpelier Re.
Eros International plc – Secaucus, N.J., 12.5 million A ordinary shares, priced $15 to $17, managed by Deutsche Bank, BofA Merrill Lynch, and UBS. Proposed NYSE symbol EROS. Business: Produces and distributes Indian films in over 50 countries.
GlycoMimetics Inc. – Gaithersburg, Md., 4 million shares, priced $14 to $16, managed by Jefferies and Barclays. Proposed Nasdaq symbol GLYC. Business: Clinical-stage biotech developing treatments for orphan diseases.
JGWPT Holdings Inc. – Radnor, Pa., 12.2 million shares, priced $19 to $22, managed by Barclays, Credit Suisse, and Deutsche Bank. Proposed NYSE symbol JGW. Business: Buys structured settlement payment streams under JG Wentworth and Peachtree brands.
Karyopharm Therapeutics Inc. – Natick, Mass., 5.7 million shares, priced $14 to $16, managed by BofA Merrill Lynch and Leerink Swann. Proposed Nasdaq symbol KPTI. Business: Clinical-stage biotech developing treatments for cancer and other major diseases.
LGI Homes Inc. – The Woodlands, Texas, 9 million shares, priced $13 to $15, managed by Deutsche Bank, JMP Securities, and J.P. Morgan. Proposed Nasdaq symbol LGIH. Business: Entry-level homebuilder in the Texas, Arizona, Florida and Georgia markets.
Mavenir Systems Inc. – 4.8 million shares, priced $15 to $17, managed by Morgan Stanley, BofA Merrill Lynch, and Deutsche Bank. Proposed NYSE symbol MVNR. Business: Provides telecommunications software and solutions to wireless carriers.
Midcoast Energy Partners LP – Houston, 18.5 million shares, priced $19 to $21, managed by BofA Merrill Lynch, Barclays, and Citigroup. Proposed NYSE symbol MEP. Business: Enbridge Energy Partners-backed LP that owns natural gas transportation and delivery assets.
Norcraft Companies Inc. – 5.9 million shares, priced $16 to $18, managed by Citigroup, UBS, and Deutsche Bank. Proposed NYSE symbol NCFT. Business: A leading manufacturer of kitchen and bathroom cabinetry in the U.S. and Canada.
Twitter Inc. – San Francisco, 70 million shares, priced $17 to $20, managed by Goldman Sachs, Morgan Stanley, and J.P. Morgan. Proposed NYSE symbol TWTR. Business: Online social networking and microblogging service.
Wix.com Ltd. – Tel Aviv, Israel, 7.7 million ordinary shares, priced $15 to $17, managed by J.P. Morgan, BofA Merrill Lynch, and RBC Capital Markets. Proposed Nasdaq symbol WIX. Business: A leading global web development platform with one of the largest number of registered users in the world.