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: ServiceMaster Global Holdings
Symbol: SERV
Price: Last trade $35.48
Trade Date: 5/28
Shares: 20 million
Underwriter(s) J.P. Morgan, Credit Suisse, Goldman Sachs, Morgan Stanley
Co Manager(s) BofA Merrill Lynch, Jefferies, Natixis, RBC Capital Markets, Baird, Piper Jaffray, Ramirez & Co.
Rating=Subscription Needed
Company: Celadon Group Inc.
Symbol: CGI
Price: Last trade $23.96
Trade Date: 5/28
Shares: 3.5 million
Underwriter(s) Raymond James
Rating=Subscription Needed
Company: Bright Horizons Family Solutions
Symbol: BFAM
Price: Last trade $55.87
Trade Date: 5/28
Shares: 3 million
Underwriter(s) Credit Suisse
Rating=Subscription Needed
Company: Armstrong World Industries, Inc.-BLOCK
Symbol: AWI
Price: Last trade $56.53
Trade Date: 5/28
Shares: 1.54 million
Underwriter(s) Deutsche Bank Securities
Rating=Subscription Needed
Company: KNOT Offshore Partners LP
Symbol: KNOP
Price: Last trade $24.76
Trade Date: 5/28
Shares: 5 million
Underwriter(s) Barclays, BofA Merrill Lynch, Citigroup, Morgan Stanley, UBS Investment Bank, Wells Fargo Securities, Raymond James, RBC Capital Markets
Rating=Subscription Needed