15 US IPOs planned for the week of Nov 4

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The following IPOs are expected to price this week :

Arc Logistics Partners LP ( ARCX ), a Lightfoot Capital-backed MLP that owns crude oil and refined product terminals, plans to raise $120 million by offering 6.0 million shares at a price range of $19.00 to $21.00. At the midpoint of the proposed range, Arc Logistics Partners LP would command a market value of $243 million. The company plans to list on the NYSE under the symbol ARCX.

Avianca Holdings ( AVH ), a leading Latin American airline with hubs in Colombia, Peru and El Salvador, plans to raise $504 million by offering 27.2 million shares at a price range of $17.00 to $20.00. At the midpoint of the proposed range, Avianca Holdings would command a market value of $2.3 billion. The company plans to list on the NYSE under the symbol AVH.

Barracuda Networks ( CUDA ), which provides easy-to-use security and storage software for SMBs, plans to raise $81 million by offering 4.1 million shares at a price range of $18.00 to $21.00. At the midpoint of the proposed range, Barracuda Networks would command a market value of $1.0 billion. The company plans to list on the NYSE under the symbol CUDA.

Blue Capital Reinsurance Holdings ( BCRH ), a property catastrophe reinsurance company formed by Montpelier Re, plans to raise $125 million by offering 6.3 million shares at a price of $20.00. At the midpoint of the proposed range, Blue Capital Reinsurance Holdings would command a market value of $175 million. The company plans to list on the NYSE under the symbol BCRH.

Eros International ( EROS ), which produces and distributes Indian films in over 50 countries, plans to raise $200 million by offering 12.5 million shares at a price range of $15.00 to $17.00. At the midpoint of the proposed range, Eros International would command a market value of $844 million. The company plans to list on the NYSE under the symbol EROS.

GlycoMimetics (GLYC), a clinical-stage biotech developing treatments for orphan diseases, plans to raise $60 million by offering 4.0 million shares at a price range of $14.00 to $16.00. At the midpoint of the proposed range, GlycoMimetics would command a market value of $218 million. The company plans to list on the NASDAQ under the symbol GLYC.

JGWPT Holdings (JGW), which buys structured settlement payment streams under the JG Wentworth/Peachtree brands, plans to raise $250 million by offering 12.2 million shares at a price range of $19.00 to $22.00. At the midpoint of the proposed range, JGWPT Holdings would command a market value of $581 million. The company plans to list on the NYSE under the symbol JGW.

Karyopharm Therapeutics (KPTI), a clinical-stage biotech developing treatments for cancer and other major diseases, plans to raise $85 million by offering 5.7 million shares at a price range of $14.00 to $16.00. At the midpoint of the proposed range, Karyopharm Therapeutics would command a market value of $414 million. The company plans to list on the NASDAQ under the symbol KPTI.

LGI Homes (LGIH), an entry-level homebuilder in Texas, Arizona, Florida and Georgia, plans to raise $126 million by offering 9.0 million shares at a price range of $13.00 to $15.00. At the midpoint of the proposed range, LGI Homes would command a market value of $274 million. The company plans to list on the NASDAQ under the symbol LGIH.

Mavenir Systems (MVNR), which provides telecommunications software and solutions to wireless carriers, plans to raise $77 million by offering 4.8 million shares at a price range of $15.00 to $17.00. At the midpoint of the proposed range, Mavenir Systems would command a market value of $412 million. The plans to list on the NYSE under the symbol MVNR.

Midcoast Energy Partners, LP (MEP), an Enbridge Energy Partners-backed LP that owns natural gas/NGL midstream assets, plans to raise $370 million by offering 18.5 million shares at a price range of $19.00 to $21.00. At the midpoint of the proposed range, Midcoast Energy Partners, LP would command a market value of $923 million. The company plans to list on the NYSE under the symbol MEP.

NMI Holdings (NMIH), which provides private mortgage insurance, plans to raise $25 million by offering 2.1 million shares at a price range of $11.00 to $13.00. At the midpoint of the proposed range, NMI Holdings would command a market value of $715 million. The company plans to list on the NASDAQ under the symbol NMIH.

Norcraft Companies (NCFT), a leading manufacturer of kitchen and bathroom cabinetry in the US and Canada, plans to raise $100 million by offering 5.9 million shares at a price range of $16.00 to $18.00. At the midpoint of the proposed range, Norcraft Companies would command a market value of $311 million. The company plans to list on the NYSE under the symbol NCFT.

Twitter ( TWTR ), an online social networking and microblogging service, plans to raise $1.7 billion by offering 70.0 million shares at a price range of $23.00 to $25.00. At the midpoint of the proposed range, Twitter would command a market value of $16.6 billion. The company plans to list on the NYSE under the symbol TWTR. (Please note: Revised terms on 11/4/13. Previously planned to offer 70mm shares at a range of $17-$20.)

Wix.com (WIX), a freemium provider of web presence solutions to small businesses globally, plans to raise $119 million by offering 7.7 million shares at a price range of $14.50 to $16.50. At the midpoint of the proposed range, Wix.com would command a market value of $565 million. The company plans to list on the NASDAQ under the symbol WIX.




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: ARCX , AVH , BCRH , CUDA , EROS

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