Four IPOs Slated To Open This Week (CPC, DGW, IVR, MDSO)

June 22, 2009 4:03 PM EDT

This week is poised to be the most active week for IPOs in some time. We are slated to get four IPOs this week. Below is a summary:

Chemspec International Limited (NYSE: CPC) plans to offer 8.087 million ADSs at a price range of $7-$9 per share. The lead underwriters are Credit Suisse and Citi. Chemspec is a China-based contract manufacturer of highly engineered specialty chemicals.

Duoyuan Global Water Inc. (NYSE: DGW) plans to offer 5 million ADRs at a price range of $13-$15 per share. The lead underwriter is Piper Jaffray. Duoyuan Global Water is a leading China-based domestic water treatment equipment supplier.

Invesco Mortgage Capital (NYSE: IVR) plans to offer 20 million shares at a price of $20 per share. The lead underwriters are Credit Suisse and Morgan Stanley. Invesco Mortgage is a newly-organized, real estate investment trust, which intends to invest in, finance and manage agency and non-agency residential and commercial mortgage-backed securities and mortgage loans, initially, to the extent available, in conjunction with financings from the U.S. Government's Public-Private Investment Program and the Term Asset-Backed Securities Lending Facility.

Medidata Solutions (Nasdaq: MDSO) plans to offer 6.3 million shares at a price of $11-$13 per share. The lead underwriters are Citi and Credit Suisse. Medidata Solutions is a leading global provider of hosted clinical development solutions that enhance the efficiency of customers' clinical development processes and optimize their research and development investments.


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Stocks Mentioned

CPC 6.00

+0.00 +0.00%
Volume: 209,965
Track CPC

DGW 40.20

+0.00 +0.00%
Volume: 100
Track DGW

IVR 20.64

+0.00 +0.00%
Volume: 75,137
Track IVR

MDSO 15.66

+0.00 +0.00%
Volume: 28,883
Track MDSO


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