IPOs and Secondaries

IPOs and Secondaries Articles

In March 2009, the five ethanol-producing plants owned by a subsidiary of Pacific Ethanol, Inc. (NASDAQ: PEIX) filed for bankruptcy protection. The plants exited bankruptcy in June 2010, under...
BP plc (NYSE: BP) is set to raise a few billion dollars in cash after a bond offering has been filed with the SEC this morning via its BP Capital Market plc unit.  This is the funding unit of...
Sears Holdings Corporation (NASDAQ: SHLD) is raising cash.  The turnaround retail giant is selling $500 million in senior secured notes due in 2018, and concurrently it is selling $165 million in...
Just over a week ago, Petroleo Brasileiro SA, Petrobras, (NYSE: PBR) reached an agreement with the Brazilian government over how much the company would pay for the right to develop the so-called...
Petroleo Brasileiro (NYSE: PBR), or Petrobras, may finally soon get away from being such a drag on the Brazilian stock market measured by the BOVESPA.  With its mammoth stock offering just days...
Updated throughout the day. China’s largest banks may have to increase their capital ratios. (Bloomberg) China IPOs are largely being handled by local banks, pushing international investment houses...
A lot of companies are working on developing microbes to eat something ordinary and expel something extraordinary, like diesel fuel or methane or butanol. Laboratory scale projects have all proved...
The deal struck by Petroleo Brasileiro SA (NYSE:PBR), or Petrobras, and the government of Argentina has set the stage for the world’s largest ever share offering. The oil-for-stock swap gives...
If corporations have high credit ratings, there is an opportunity to borrow for rates that have not been seen in years (or ever).  August saw key bond issuances at extremely low rates from Johnson...
DryShips Inc. (NASDAQ: DRYS) is facing a down day and a down transportation sector.  The company disclosed that it has obtained another credit waiver on its $230 million loan due December 1, 2010,...
The recession is over, at least for companies which want to raise money through IPOs. There have already been a large number of initial public offerings this year despite uneven markets. That may be...
There is a rather interesting IPO filing this morning from Bruker Energy & Supercon Technologies, Inc. Bruker Corporation (NASDAQ: BRKR) is the controlling shareholder and is going to be offering...
Brazil’s Petroleo Brasileiro (NYSE: PBR), better known as Petrobras, has agreed to pay the Brazilian government $42.5 billion for the rights to produce 5 billion barrels of oil from...
Ambac Financial Group, Inc. (NYSE: ABK) has  telegraphed filing with deep implications.  The company withdrew its earlier shelf registration statement with the SEC that would have allowed it to...
The IPO market has not been so kind in 2010, and it has been far from predictable in general.  There is a stealth IPO this morning that is flying under the radar of most investors and it is a...