10 US IPOs planned for the week of Oct 28

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The following IPOs are expected to price this week :

58.com ( WUBA ), an online classifieds marketplace serving local merchants and consumers in China, plans to raise $154 million by offering 11.0 million shares at a price range of $13.00 to $15.00. At the midpoint of the proposed range, 58.com would command a market value of $1.1 billion. 58.com, which was founded in 2005, booked $107 million in sales over the last 12 months. The Beijing, China-based company plans to list on the NYSE under the symbol WUBA. Morgan Stanley, Credit Suisse and Citi are the joint bookrunners on the deal.

Brixmor Property Group ( BRX ), which operates the largest wholly-owned portfolio of grocer-anchored shopping centers, plans to raise $750 million by offering 37.5 million shares at a price range of $19.00 to $21.00. At the midpoint of the proposed range, Brixmor Property Group would command a market value of $5.9 billion. Brixmor Property Group, which was founded in 2008, booked $1.2 billion in sales over the last 12 months. The New York, NY-based company plans to list on the NYSE under the symbol BRX. BofA Merrill Lynch, Citi, J.P. Morgan and Wells Fargo Securities are the joint bookrunners on the deal.

Criteo ( CRTO ), a global online display ad retargeting company with over 4,000 clients, plans to raise $176 million by offering 7.2 million shares at a price range of $23.00 to $26.00. At the midpoint of the proposed range, Criteo would command a market value of $1.5 billion. Criteo, which was founded in 2005, booked $459 million in sales over the last 12 months. The Paris, France-based company plans to list on the NASDAQ under the symbol CRTO. J.P. Morgan, Deutsche Bank and Jefferies & Co. are the joint bookrunners on the deal.

Essent Group ( ESNT ), a recently formed private mortgage insurance company, plans to raise $286 million by offering 19.7 million shares at a price range of $13.50 to $15.50. At the midpoint of the proposed range, Essent Group would command a market value of $1.2 billion. Essent Group, which was founded in 2008, booked $107 million in sales over the last 12 months. The Hamilton, Bermuda-based company plans to list on the NYSE under the symbol ESNT. Goldman Sachs, J.P. Morgan, Barclays and Credit Suisse are the joint bookrunners on the deal.

Marcus & Millichap ( MMI ), a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, plans to raise $90 million by offering 6.0 million shares at a price range of $14.00 to $16.00. At the midpoint of the proposed range, Marcus & Millichap would command a market value of $531 million. Marcus & Millichap, which was founded in 1971, booked $414 million in sales over the last 12 months. The Calabasas, CA-based company plans to list on the NYSE under the symbol MMI. Citi and Goldman Sachs are the joint bookrunners on the deal.

Quartet Merger Corp (QTETU), a blank check company formed to acquire operating businesses, plans to raise $84 million by offering 8.4 million shares at a price of $10.00. At the midpoint of the proposed range, Quartet Merger Corp would command a market value of $110 million. Quartet Merger Corp was founded in 2013. The New York, NY-based company plans to list on the NASDAQ under the symbol QTETU. EarlyBird Capital is the lead bookrunner on the deal.

Qunar Cayman Islands (QUNR), a Chinese travel fare comparison website owned by Baidu, plans to raise $117 million by offering 11.1 million shares at a price range of $9.50 to $11.50. At the midpoint of the proposed range, Qunar Cayman Islands would command a market value of $1.5 billion. Qunar Cayman Islands, which was founded in 2005, booked $107 million in sales over the last 12 months. The Beijing, China-based company plans to list on the NASDAQ under the symbol QUNR. Goldman Sachs (Asia), Deutsche Bank and Stifel are the joint bookrunners on the deal.

Surgical Care Affliliates (SCAI), which operates the third largest network of outpatient surgery facilities in the US, plans to raise $220 million by offering 9.8 million shares at a price range of $21.00 to $24.00. At the midpoint of the proposed range, Surgical Care Affliliates would command a market value of $858 million. Surgical Care Affliliates, which was founded in 2007, booked $769 million in sales over the last 12 months. The Deerfield, IL-based company plans to list on the NASDAQ under the symbol SCAI. J.P. Morgan, Citi, BofA Merrill Lynch and Barclays are the joint bookrunners on the deal. (Please note: Filed under the name ASC Acquisition LLC.)

The Container Store Group (TCS), the only national retail chain of storage and organization products, plans to raise $188 million by offering 12.5 million shares at a price range of $14.00 to $16.00. At the midpoint of the proposed range, The Container Store Group would command a market value of $729 million. The Container Store Group, which was founded in 1978, booked $736 million in sales over the last 12 months. The Coppell, TX-based company plans to list on the NYSE under the symbol TCS. J.P. Morgan, Barclays, Credit Suisse and Morgan Stanley are the joint bookrunners on the deal.

Veracyte (VCYT), which sells molecular diagnostic tests for thyroid cancer to reduce unnecessary surgeries, plans to raise $66 million by offering 4.7 million shares at a price range of $13.00 to $15.00. At the midpoint of the proposed range, Veracyte would command a market value of $290 million. Veracyte, which was founded in 2006, booked $17 million in sales over the last 12 months. The San Francisco, CA-based company plans to list on the NASDAQ under the symbol VCYT. Morgan Stanley and Leerink Swann are the joint bookrunners on the deal.

Renaissance Capital will have Pre-IPO Research available on each of these upcoming IPOs prior to its pricing.

Last week, there were 4 IPO pricings . Aerie Pharmaceuticals (AERI), a clinical-stage biotech developing treatments for glaucoma, was the week's winner, ending up 6% from its IPO price.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: BRX , CRTO , ESNT , MMI , WUBA

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