It’s Thursday, so we must IPO today. Thats what these companies did.
BSBR – Banco Santander Brasil SA
Shares Offered: 525.0M
Initial Range: $12-14
Revised Range:
Date Priced: 10/07/09
Priced: $13.40
Opened: $13.30
First Day Close: $13.01
Lead Underwriter: Santander Investment, Credit Suisse, Banc of America Securities and UBS
Description: Banco Santander is the fourth-largest bank in Brazil, a spin-off of Spanish bank Santander (STD).
OMER – Omeros Corporation
Shares Offered: 6.8M
Initial Range: $10-12
Revised Range:
Date Priced: 10/08/09
Priced: $10.00
Opened: $8.80
First Day Close: $8.73
Lead Underwriter: Deutsche Securities.
Description: Omeros develops drugs for the treatment of surgery-related inflammation and pain.
MG – Mistras Group, Inc.
Shares Offered: 8.7M
Initial Range: $14-16
Revised Range:
Date Priced: 10/08/09
Priced: $12.50
Opened: $12.30
First Day Close: $12.58
Lead Underwriter: JP Morgan, Credit Suisse and Banc of America Securities.
Description: Mistras Group provides non-disruptive infrastructure testing primarily to the energy market.
