Secondaries announced 3.02.2016

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: TPG Specialty Lending Inc.
Symbol: TSLX
Price: Last trade $16.84
Trade Date: 3/3
Shares: 5 million
Underwriter(s) BofA Merrill Lynch, Wells Fargo Securities, Goldman Sachs, Barclays, Citigroup
Co Manager(s) TPG Capital BD, Ladenburg Thalmann, Comerica Securities, Houlihan Lokey, Santander
Rating=Subscription Needed

Company: Banc of California Inc.
Symbol: BANC
Price: Last trade $15.77
Trade Date: 3/2
Shares: 3 million
Underwriter(s) UBS, J.P. Morgan, Wells Fargo, Keefe Bruyette & Woods, Sandler O’Neill & Partners
Rating=Subscription Needed

Company: PRA Health Sciences, Inc.
Symbol: PRAH
Price: Last trade $44.67
Trade Date: 3/3
Shares: 5 million
Underwriter(s) Credit Suisse
Rating=Subscription Needed