New Filings & Updated Terms (5.10.19am)

NEW FILINGS

Company: GSX Techedu Inc.
Symbol: GSX
Description: They are a technology-driven education company.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Credit Suisse, Deutsche Bank
Co-Manager(s): Barclays, CLSA
Filed: 5-8-19
Listed Cash Raise: $220m

TERMS ADDED

Company: Luckin Coffee Inc.
Symbol: LK
Description: They are China’s second largest and fastest-growing coffee network, in terms of number of stores and cups of coffee sold, according to the Frost & Sullivan Report.
Shares: 30 million ADSs
Price Range: $15.00-$17.00
Trade Date: Friday, 5/17
Underwriter(s): Credit Suisse, Morgan Stanley, CICC, Haitong International
Co-Manager(s): KeyBanc Capital, Needham
Terms Added: 5-6-19

Company: Fastly, Inc.
Symbol: FSLY
Description: Their mission is to fuel the next modern digital experience by providing developers with a programmable and reliable edge cloud platform that they adopt as their own.
Shares: 11.25 million
Price Range: $14.00-$16.00
Trade Date: Friday, 5/17
Underwriter(s): BofA Merrill Lynch, Citigroup, Credit Suisse
Co-Manager(s): William Blair, Raymond James, Baird, Oppenheimer & Co., Stifel, Craig-Hallum Capital Group, D.A. Davidson
Terms Added: 5-6-19

Company: PIMCO Mortgage Income Trust Inc.
Symbol: PMTG
Description: They are a newly organized real estate finance company that intends to acquire, manage and finance, directly or through our subsidiaries, Agency RMBS, MSRs, Non-Agency RMBS, residential mortgage loans and other real estate-related assets.
Shares: 50 million
Price Range: $20.00-$20.00
Trade Date: Thursday, 5/16
Underwriter(s): Credit Suisse, BofA Merrill Lynch, Goldman Sachs, Morgan Stanley, JP Morgan, UBS Investment Bank, Citigroup, Wells Fargo, RBC
Co-Manager(s): JMP Securities, Keefe Bruyette & Woods, JonesTrading, Nomura
Terms Added: 5-6-19

Company: Avantor, Inc.
Symbol: AVTR
Description: They are a leading global provider of mission critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries.
Shares: 154.0m
Price Range: $18.00-$21.00
Trade Date: 5/17
Underwriter(s): Goldman Sachs, JP Morgan, BofA Merrill Lynch, Barclays, Jefferies
Co-Manager(s): Credit Suisse, Deutsche Bank Securities, Evercore ISI, Guggenheim Securities, Morgan Stanley, UBS Investment Group, Citigroup, Piper Jaffray, RBC Capital, Cowen, Baird, William Blair, Janney Montgomery Scott, KeyBanc Capital Markets, Raymond James, Stephens Inc., Stifel, SunTrust Robinson Humphrey, Wells Fargo, Drexel Hamilton, PJT Partners
Terms Added: 5-3-19