secondaries announced 10.24.2016

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: Buckeye Partners
Symbol: BPL
Price: Last trade $70.64
Description: Re-offer range $66.05-$68.50
Trade Date: 10/25
Shares: 7.5 million
Underwriter(s)Barclays
Rating=Subscription Needed

Company: Carrizo Oil & Gas
Symbol: CRZO
Price: Last trade $38.87
Description: Re-offer range $37.50-$38.10
Trade Date: 10/25
Shares: 5 million
Underwriter(s)Citigroup, Wells Fargo Securities
Rating=Subscription Needed

Company: New Mountain Finance Corporation
Symbol: NMFC
Price: Last trade $13.82
Description: Re-offer $13.50
Trade Date: 10/25
Shares: 5 million
Underwriter(s)Wells Fargo Securities, Goldman Sachs, Morgan Stanley, Keefe, Bruyette & Woods, Robert Baird & Co.
Co Manager(s)Janney Montgomery Scott, Oppenheimer & Co.
Rating=Subscription Needed