The IPO market is active this week, with news coming out for Pacific Coast Oil Trust, Carlyle Group and EverBank Financial. Here’s what you need to know:
Pacific Coast Oil Trust
This energy company hit the middle of its pre-IPO price range of $19 to $21. The Pacific Coast Oil Trust IPO priced at $20, with 18.5 mn shares moving – originally it was set for 17.5 mn. The company trades on NYSE under the symbol ROYT.
Carlyle Group
The famous private equity firm missed its pre-IPO range – barely. The Carlyle Group priced at $22 a sare, and the low end of the range was $3. It trades on NASDAQ under the symbol CG.
EverBank Financial
EverBank Financial lowered its IPO ambitions. Now, it’s looking to raise $221 mn and price shares between $11 and $12. The financial services company plans to trade on NYSE under the symbol EVER.
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Source: Renaissance Capital (ROYT, CG, EVER)
