initial public offerings (IPOs) trading on American exchanges

Wednesday, June 18, 2014

Markit prices upsized IPO at the $24 midpoint

Markit, the largest provider of bond information and derivatives trade processing, raised $1.3 billion by offering 53.5 million shares at $24, the midpoint of the $23-$25 range. Markit plans to list on the NASDAQ under the symbol MRKT. Markit initially filed confidentially on 1/27/2014. BofA Merrill Lynch, Barclays, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC Securities, J.P. Morgan, Morgan Stanley, UBS, BNP Paribas, Jefferies, RBC Capital Markets, RBS Securities and TD Securities were the joint bookrunners.

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