Where's the Beef … in IPO Profits?

Major Moves The energy sector pulled the market lower today as oil prices dropped. Much of the decline is due to yesterday's report that oil storage levels in the U.S. haven't been this high since 2017. Additionally, Russian oil production was well above expected levels, which may put OPEC's plans for its own cuts in jeopardy. Put together, these two issues contributed […]

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CORRECTED-IFR Americas ECM Pipeline

(Corrects timing of Xeris follow-on offering) NEW YORK, Feb 11 (IFR) – CALENDAR February 11: AG Mortgage Investment Trust (US, mortgage REIT) – $51.2m Block. 3m shares (100% prim) marketed at $17.05 fixed-price versus $17.80 last sale. MS. February 11: New Mountain Finance (US, BDC) – $50.9m ABB. 3.75m shares (100% prim) marketed at $13.57 fixed-price versus $13.88 last sale. […]

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