Page 37 - New Issues News Today

2 Min Read FRANKFURT (Reuters) - Vodafone has priced shares in infrastructure unit Vantage Towers at 24 euros each, valuing the firm at 12.1 billion euros ($14.5 billion) in one of Europe’s largest initial public offerings this year, Vantage Towers said. Slideshow ( 3 images ) Vodafone is reaping as much as 2.3 billion euros from the deal, assuming that an overallotment option (greenshoe) is fully exercised at the final offer price, Vantage Towers added. Trading is slated to start in Frankfur...

3 Min Read ATHENS (Reuters) - Greece raised 2.5 billion euros on Wednesday from its first 30-year bond sale in more than a decade, with an issue that was more than 10 times oversubscribed, the public debt management agency said. The bond drew investor demand of more than 26.1 billion euros. It was priced at 150 basis points over the mid-swap level, resulting a yield of about 1.93%, the highest among euro zone countries in that maturity. Greece last issued a 30-year bond in 2008, a year before t...

3 Min Read ATHENS (Reuters) - Greece raised 2.5 billion euros on Wednesday from its first 30-year bond sale in more than a decade, with an issue that was more than 10 times oversubscribed, the public debt management agency said. The bond drew investor demand of more than 26.1 billion euros. It was priced at 150 basis points over the mid-swap level, resulting a yield of about 1.93%, the highest among euro zone countries in that maturity. Greece last issued a 30-year bond in 2008, a year before t...

3 Min Read (Reuters) - Coinbase Global Inc, the largest U.S. cryptocurrency exchange, said on Wednesday recent private market transactions had valued the company at around $68 billion this year ahead of a planned stock market listing. The eye-popping valuation underscores how the perceived value of Coinbase has rallied in lock-step with the surge in the price of cryptocurrency bitcoin. In a regulatory filing, Coinbase said its stock in the private market traded at a weighted average price of $3...

By Reuters Staff 2 Min Read (Reuters) - Sun Country Airlines Holdings Inc, flush with cash after a successful stock market debut on Wednesday, could use the funds to accelerate the purchase of used jets and fuel its growth strategy over the next year, Chief Executive Jude Bricker told Reuters. The U.S. low-cost carrier backed by private-equity firm Apollo Global Management Inc raised $218.2 million in its initial public offering and shares jumped around 44% in afternoon trading on the Nasdaq. T...

By Reuters Staff 2 Min Read (Reuters) - DoubleVerify Holdings Inc, a provider of software to track digital media engagement, on Wednesday filed with U.S. regulators to go public, hoping to cash in on investor optimism towards tech stocks. The company, backed by investment firms Providence Equity Partners and Tiger Global Management, revealed a 33% surge in revenue for 2020. However, net income fell 12% in the year, it said in its filing. DoubleVerify is betting on the high appetite for tech sto...

2 Min Read FRANKFURT (Reuters) - Vodafone has priced shares in infrastructure unit Vantage Towers at 24 euros each, valuing the firm at 12.1 billion euros ($14.5 billion) in one of Europe’s largest initial public offerings this year, Vantage Towers said. Slideshow ( 3 images ) Vodafone is reaping as much as 2.3 billion euros from the deal, assuming that an overallotment option (greenshoe) is fully exercised at the final offer price, Vantage Towers added. Trading is slated to start in Frankfur...

By Reuters Staff 1 Min Read SAO PAULO (Reuters) - The initial public offering of Brazilian pharmaceutical company Blau Farmaceutica may raise around 2.1 billion reais ($376 million), according to a preliminary prospectus filed by the company on Wednesday. The calculation assumes that Blau will price its shares at 47.6 reais, in the middle of the suggested price range. The company could raise around 1.5 billion reais issuing new shares, and the rest would go to shareholders reducing their stakes...

(Adds details, comments from CEO interview) STOCKHOLM, March 16 (Reuters) - Swedish payments firm Trustly on Tuesday reported a 42% growth in revenue in 2020, helped by a surge in digital transactions during the pandemic. The company is planning a second-quarter flotation that could value it at up to 9 billion euros ($11 billion), people close to the matter had earlier told Reuters. Net revenue for the year rose here to 1.97 billion Swedish crowns ($231.85 million) while processed transaction v...

Wizz Air's largest investor Indigo Partners sold about half its stake in the Hungary-based low cost airline to institutional investors, a statement on Tuesday said, raising gross proceeds of around 400 million pounds ($553 million).