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: Endo International plc
Symbol: ENDP
Price: Last trade $83.71
Trade Date: 6/5
Shares: 20.9 million
Underwriter(s) Goldman Sachs, J.P. Morgan, Barclays, Deutsche Bank Securities, RBC Capital Markets
Co Manager(s) Citigroup, Morgan Stanley, MUFG, SunTrust Robinson Humphrey, TD Securities
Rating=Subscription Needed
Company: Markit Ltd.
Symbol: MRKT
Price: Last trade $26.78
Trade Date: 6/5
Shares: 24.6 million
Underwriter(s) BofA Merrill Lynch, Barclays, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, RBC Capital Markets, UBS Investment Bank, BNP Paribas, Jefferies, RBS, TD Securities
Rating=Subscription Needed
Company: Oxford Lane Capital Corp.
Symbol: OXLC
Price: Last trade $16.05
Trade Date: 6/4
Shares: 2.25 million
Underwriter(s) Deutsche Bank Securities, Ladenburg Thalmann & Co.
Co Manager(s) Maxim Group, National Securities
Rating=Subscription Needed
Company: LyondellBassell Industries-BLOCK
Symbol: LYB
Price: Last trade $102.78
Trade Date: 6/4
Shares: 2.25 million
Underwriter(s) Barclays Capital
Rating=Subscription Needed
Company: Western Gas Equity Partners, LP
Symbol: WGP
Price: Last trade $63.48
Trade Date: 6/5
Shares: 2 million
Underwriter(s) J.P. Morgan
Rating=Subscription Needed