02.21.2017 Secondary Announcement-p.m.

IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.

Company: Tesoro Logistics LP
Symbol: TLLP
Price: Last trade $59.29
Description: Re-offer range $56.80-$58.70
Trade Date: 2/22
Shares: 5 million
Underwriter(s)Citigroup, Deutsche Bank Securities
Rating=Subscription Needed

Company: Parker Drilling Company
Symbol: PKD
Price: Last trade $2.35
Description: Re-offer range $2.10-$2.20; 50mm Convertibles at $100/share
Trade Date: 2/22
Shares: 12 million
Underwriter(s)Barclays
Rating=Subscription Needed

Company: Yum! Brands-BLOCK
Symbol: YUM
Price: Last trade $67.67
Description: Re-offer range $66.55-$66.70
Trade Date: 2/22
Shares: 12 million
Underwriter(s)Morgan Stanley
Rating=Subscription Needed

Company: Cousins Properties
Symbol: CUZ
Price: Last trade $8.66
Description: No re-offer range available
Trade Date: 2/22
Shares: 63.6 million
Underwriter(s)Morgan Stanley
Rating=Subscription Needed

Company: Global Blood Therapeutics
Symbol: GBT
Price: Last Trade $28.50
Trade Date: TBD
Shares: 2.6 million
Underwriter(s)Cantor Fitzgerald
Rating=Subscription Needed