Monday, October 28, 2013
While buysiders suggest the
overall quality of the IPO queue has declined, they still see enough diamonds
in the rough and expect sufficient generalist-led appetite for deals to keep
the window propped open to the customary post-Thanksgiving break.
Bankers say behind the scenes
IPO activity, such as testing the waters meetings and confidential filings, is
as brisk as ever. October has been a busy month as four deals have priced and
11 new S-1 filings have been disclosed, bringing the number of companies
seeking a listing to at least 23 (see "IPO Queue," A3).