Horizon Kicks Off IPO Process

Horizon Kicks Off IPO ProcessWe understand from market sources that Horizon has chosen its IPO underwriting team and kicked off the public offering process. We believe that Goldman Sachs and UBS are leads on the deal and Bear Stearns, JP Morgan and Deutsche Bank will serve as co managers. Depending on how the underwriters are able to value the company, we believe that Castle Harlan will sell a minority position for somewhere in the neighborhood of $200-$250 million. Look for the deal to come to market in the late spring/early summer.
We understand from market sources that Horizon has chosen its IPO underwriting team and kicked off the public offering process. We believe that Goldman Sachs and UBS are leads on the deal and Bear Stearns, JP Morgan and Deutsche Bank will serve as co managers. Depending on how the underwriters are able to value the company, we believe that Castle Harlan will sell a minority position for somewhere in the neighborhood of $200-$250 million. Look for the deal to come to market in the late spring/early summer.

This is only an excerpt of Horizon Kicks Off IPO Process

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.

Existing Users Login
Username
Password

Related Archive Files

• No Related Post