The new issuance market hummed along last week as markets prepared for the long Memorial Day weekend, churning out 33 deals (5 IPOs, 17 FOs, 7 BLKs, 4 CVTs), which racked up $9.3B in aggregate proceeds.
As the world peered onto the highly-publicized royal marriage of Prince Harry and Meghan Markle, the capital markets impressed with 25 deals (3 IPOs, 6 FOs, 8 BLKs, and 8 CVTs) pricing for $6.9 billion in aggregate proceeds.
As LeBron James carried the Cleveland Cavaliers on his back to another conference finals appearance, the new issuance market saw 22 deals (5 IPOs, 7 FOs, 7 BLKs, and 3 CVTs) for $13.0B in total proceeds.
As the Northeast got an early taste of the Summer heat this past week, the new issuance market remained lukewarm in terms of deal count with 18 deals (7 IPOs, 7 FOs, 2 BLKs, 2 CVTs) coming to market, generating $5.6B in aggregate proceeds.
As the much anticipated 2018 NFL draft delivered exciting results, the capital markets welcomed several newcomers with 11 deals (5 IPOs, 6 FOs) pricing for $2.3 billion in aggregate proceeds.