Secondaries announced 6.15.2015

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: Celyad SA
Symbol: CYAD
Price: Last trade $70.98
Description: Their ordinary shares have been listed on Euronext Brussels and Euronext Paris since July 5, 2013 under the symbol “CYAD.” On June 12, 2015, the last reported sale price of their ordinary shares on Euronext Brussels was €62.94 per share, equivalent to a price of $70.98 per ADS, assuming an exchange rate of €1.1278 per U.S. dollar.
Trade Date: 6/19
Shares: 1.4 million
Underwriter(s) UBS Investment Bank, Piper Jaffray
Co Manager(s) Petercam, Bryan, Garnier & Co., LifeSci Capital, Lake Street Capital Markets
Rating=Subscription Needed

Company: OM Asset Managment Limited
Symbol: OMAM
Price: Last trade $18.51
Trade Date: 6/17
Shares: 11 million
Underwriter(s) BofA Merrill Lynch, Morgan Stanley, Citigroup, Credit Suisse
Rating=Subscription Needed

*PSWW filed new terms today and will now trade 6/17
Company: Principal Solar [NASDAQ]
Symbol: PSWW
Price: $7.00-$9.00
Description: The company’s stock is currently traded on the OTC Pink market under the symbol PSWW, and it commands a market cap of about $140 million.
Trade Date: 6/17
Shares: 1.5 million
Underwriter(s) Northland Capital Markets
Rating=Subscription Needed

Company: Extra Space Storage Inc.
Symbol: EXR
Price: Last trade $67.10
Trade Date: 6/17
Shares: 5 million
Underwriter(s) Wells Fargo Securities, BofA Merrill Lynch, Citigroup
Rating=Subscription Needed

Company: CrossAmerica Partners LP
Symbol: CAPL
Price: Last trade $32.99
Trade Date: 6/16
Shares: 4.6 million
Underwriter(s) BofA Merrill Lynch, Barclays, J.P. Morgan, Raymond James, RBC Capital Markets
Co Manager(s) Baird, Janney Montgomery Scott, Oppenheimer & Co., Stephens, Inc.
Rating=Subscription Needed