Secondaries announced 4.28.2016

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: Hi-Crush Partners LP
Symbol: HCLP
Price: Last trade $8.14
Description: Re-Offer range $7.10-$7.80
Trade Date: 4/29
Shares: 4.9 million
Underwriter(s) Credit Suisse
Rating=Subscription Needed

Company: AK Steel Holding Corp
Symbol: AKS
Price: Last trade $5.00
Description: Re-Offer range $4.30-$4.50
Trade Date: 4/29
Shares: 52 million
Underwriter(s) Credit Suisse, Citigroup, Goldman Sachs, BofA Merrill Lynch, J.P. Morgan, Wells Fargo Securities
Co Manager(s) BTIG, Fifth Third Securities,ING, PNC Capital Markets, Regions Securities
Rating=Subscription Needed

Company: Washington Real Estate
Symbol: WRE
Price: Last trade $29.37
Description: Re-offer range $27.90-$28.80
Trade Date: 4/29
Shares: 4 million
Underwriter(s) J.P. Morgan, Goldman Sachs, Morgan Stanley
Rating=Subscription Needed