As fall weather began to make its way across the country, the capital markets continued pace as 20 deals (6 IPOs, 9 FOs, 2 BLKs, 3 CVTs) priced last week for aggregate proceeds of $5.6B. The week saw a healthy portion of IPOs, with six deals pricing for total proceeds of $1.2B.
As the much anticipated iPhone 8 models and Apple Watch were released, 22 deals (7 IPOs, 8 FOs, 4 BLKs, and 3 CVTs) hit the capital markets for aggregate proceeds of $4.1B maintaining a healthy pace from the week prior.
As Hurricane Irma looks to bear down on Florida after leaving a deadly wake in the Caribbean Islands, the new issuance market began to gain in volume following the summer slowdown as 17 deals (9 FOs, 6 BLKs, and 2 CVTs) priced last week for aggregate proceeds of $4.8B.
As Texans were urged to flee the Gulf Coast ahead of Hurricane Harvey’s predicted late-Friday landfall, the capital markets retreated as only one deal (1 CVT) priced for total proceeds of $345.0M last week.
As geopolitical tensions caused a pullback in many of the world’s major indices, the new issuance market seemed to shrug off any concern as the week’s issuance volume increased to 32 deals (3 IPOs, 14 FOs, 10 BLKs, and 5 CVTs) for aggregate proceeds of $8.4B.
In a week that turned the calendar to the first week of August, the new issuance market saw a marginal increase in volume as 13 deals (2 IPOs, 7 FOs, 2 BLKs, and 2 CVTs) priced for aggregate proceeds of $3.0B.
Last week, the new issuance market welcomed 12 deals (5 IPOs, 4 FOs, 2BLKs, and 1 CVT) to the market for aggregate proceeds of $2.0B, following the 23 deals for $9.5B in total proceeds the week prior.