Page 25 - New Issues News Today

By Reuters Staff (Corrects spelling of Elliott in headline and third paragraph, updates shares) TORONTO, May 20 (Reuters) - Shares of Triple Flag Precious Metals Corp were flat in its trading debut on Thursday after the Canadian mine financing company raised more than $250 million in an initial public offering, the biggest Toronto Stock Exchange mining debut since 2012. Led by former Barrick Gold Corp executive Shaun Usmar, Triple Flag provides up-front financing to miners in exchange for a sha...

3 Min Read (Reuters) -Shares of Oprah Winfrey-backed Oatly Group AB jumped 30% in their market debut on Thursday, valuing the Swedish oatmilk maker at about $13 billion, as demand for plant-based food products surges globally. The Oatly factory is seen in Landskrona, Sweden May 20, 2021. TT News Agency/Johan Nilsson via REUTERS Oatly’s strong debut, along with that of construction software firm Procore Technologies, is expected to restore short-term confidence in U.S. initial public offer...

3 Min Read DUBAI (Reuters) - A group of creditors plans to oppose the terms of an offer by Dubai-listed Emirates REIT to exchange $400 million in Islamic bonds for new instruments, four sources told Reuters. Slideshow ( 2 images ) Emirates REIT on Tuesday offered to exchange unsecured sukuk for secured ones as part of a revamp aimed at bolstering the sharia-compliant real estate investment trust’s balance sheet, which has been hit by the coronavirus crisis. The plan envisages extending the bo...

* Proceeds to pay debts of parent Del Monte Pacific * IPO is set to be launched in the third quarter-source * Philippines gears up for blockbuster year of IPOs (Recasts with details on IPO, quotes) MANILA, April 28 (Reuters) - Del Monte Philippines Inc filed for an IPO that could raise up to 44.1 billion pesos ($910 million), marking potentially the second-largest share offering in a market that is gearing up for a blockbuster year for listings. Del Monte’s shareholders Del Monte Pacific and ...

By Reuters Staff 2 Min Read (Reuters) -Transportation solutions provider Giga Energy Inc is going public through a merger with blank-check company Yunhong International in a deal valued at up to $7.35 billion, the companies said on Monday. Giga Energy said it had also secured nearly $308 million from private investor Harvest Tech Investment Management (UK) Co Ltd. Formerly known as Ares Motor Works, Giga Energy aims to accelerate transition of commercial and industrial vehicles to zero emission...

(Adds comment from Alphawave chairman, detail on recent IPOs) LONDON, May 13 (Reuters) - Canadian semiconductor technology company Alphawave’s shares plunged as much as 21% on their London market debut on Thursday, shrinking its value by more than 600 million pounds ($842 million) within hours. The slump comes amid a broader tech stock selloff and only weeks after food delivery firm Deliveroo fell as much as 30% on its debut, potentially hurting the London market’s ambitions to attract youn...

By Reuters Staff (Corrects typographical error in first paragraph) May 13 (Reuters) - Insurer Genworth Financial Inc said on Thursday it had deferred the initial public offering of its mortgage insurance unit, Enact Holdings, citing significant trading volatility in the sector. “Genworth’s Board of Directors determined that current market pricing for the planned offering does not accurately reflect Enact’s value,” Genworth Chief Executive Officer Tom McInerney, said. McInerney said Genw...

By Reuters Staff (Corrects typographical error in first paragraph) (Reuters) -Insurer Genworth Financial Inc said on Thursday it had deferred the initial public offering of its mortgage insurance unit, Enact Holdings, citing significant trading volatility in the sector. “Genworth’s Board of Directors determined that current market pricing for the planned offering does not accurately reflect Enact’s value,” Genworth Chief Executive Officer Tom McInerney, said. McInerney said Genworth wil...

* April M2 money supply +8.1% y/y, vs forecast of +9.3% * Outstanding TSF +11.7% Y/Y, vs 12.3% in March * TSF 1.85 trln yuan, vs forecast 2.25 trln yuan (Adds detail on slowest loan growth in nearly two decades) BEIJING, May 12 (Reuters) - China’s new bank loans fell more than expected in April while money supply growth slowed to a 21-month low, as the central bank gradually scales back pandemic-driven stimulus to reduce debt and financial risks in hot areas of the economy. The world’s seco...

By Reuters Staff 1 Min Read WARSAW (Reuters) - The market debut of discount retailer Pepco is likely to be priced at least at 40 zlotys ($10.68) per share, bookrunners said on Wednesday, meaning shareholders may sell stock worth around 3.7 billion zlotys in what may be Poland’s biggest IPO of 2021. While the expected pricing is towards the lower end of the 38 zloty to 46 zloty-per-share indicative price range, the fact that South African conglomerate Steinhoff chose Warsaw over London to list...