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    IPO Preview: The Carlyle Group

    Wed, 05/02/2012 - 04:33 EDT - Seeking Alpha
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    • IPOdesktop

    By IPOdesktop: Based in Washington, DC, Carlyle Group (CG) scheduled a $732 million IPO with a market capitalization of $7.3 billion at a price range mid-point of $24 for Thursday, May 3, 2012.CG is one of six IPOs scheduled for the week of April 30th. (Full IPO calendar here).Notice that CG's S-1 is 460 pages, which is a bit much.Manager, Joint Managers: J.P. Morgan; Citigroup; Credit Suisse.SUMMARY $500 million of debt to be repaid was incurred from the sheikdom of Dubai, originally in December, 2010 to pay cash dividends to CG shareholders. If CG is so great why did Dubai force a repayment in March, 2012 a month or so before CG's IPO to repay the re-financed debt?Also, Carlyle says it will IPO at a discount to other alternative investment managers, based on Carlyle producing $862 million in distributable earnings for 2011. Those earnings, however, cannot beComplete Story »

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    Related

    • 6 IPOs To Raise $2.3 Billion For Week Of April 30th

      By IPOdesktop: Six IPOs to scheduled to raise $2.3 billion during the week of April 30, 2012. (Full IPO calendar here).TWO ARE FINANCE RELATEDCarlyle Group L.P. (CG), Alternative investment managerBased in Washington, DC, Carlyle Group (proposed CG) scheduled a $732 million IPO with a market capitalization of $7.3 billion at a price range mid-point of $24 for Thursday, May 3, 2012.

    • IPO Preview: Taminco

      By IPOdesktop: Based in Allentown, PA , Taminco (TAM) scheduled a $300 million IPO with a market capitalization of $1.24 billion at a price range mid-point of $19, for Thursday, April 18, 2013.Seven IPOs were scheduled for the week of April 15th. The full IPO Calender is here.

    • IPO Preview: EverBank Financial

      By IPOdesktop: Based in Jacksonville, Florida, EverBank Financial (proposed EVER) scheduled $328 million IPO with a market capitalization of $1.5 billion at a price range mid-point of $13 for Thursday, May 3, 2012. [S-1]EVER is one of six IPOs scheduled for the week of April 30th. (Full IPO calendar here).

    • IPO Preview: Forum Energy Technologies

      By IPOdesktop: Based in Houston, Texas, Forum Energy Technologies (proposed FET) scheduled a $300 million IPO with a market capitalization of $1.6 billion at a price range mid-point of $19 for Thursday, April 12, 2012. S-1Eight IPOs are scheduled for this week. The full IPO calendar is here.

    • IPO Preview: Oaktree Capital Group

      By IPOdesktop: Based in Los Angeles, California, Oaktree Capital Group (proposed OAK) scheduled a $495 million IPO with a market capitalization of $6.6 billion at a price range mid-point of $44 for Thursday, April 12, 2012. (S-1)Eight IPOs are scheduled for this week. The full IPO calendar is here.

    • IPO Preview: Constellium Holdco B.V.

      By IPOdesktop: Based in Schiphol-Rijk , Netherlands, Constellium Holdco B.V. (CSTM) scheduled a $400 million IPO with a market capitalization of $1.8 billion at a price range mid-point of $18, for Thursday, May 23, 2013. Five other new IPOs are scheduled for IPOs for this week. The full IPO calendar is here.

    • IPO Preview: ING U.S

      By IPOdesktop: Based in New York, NY, ING U.S. (VOYA) scheduled a $1.45 billion IPO with a market capitalization of $5.8 billion at a price range mid-point of $22.50, for Thursday, May 2, 2013.VOYA is one of five new IPOs scheduled for the week of April 29. The full IPO calendar is here.

    • IPO Preview: PBF Energy

      By IPOdesktop: Based in Parsippany, NJ, PBF Energy (PBF) scheduled a $429 million IPO with a market capitalization of $2.5 billion at a price range mid-point of $26, for Thursday, December 13, 2012. Five other IPOs Scheduled For Week Of December 10th. The full IPO calendar is available here.

    • IPO Preview: Pacific Coast Oil Trust

      By IPOdesktop: Based in Austin, Texas, Pacific Coast Oil Trust (ROYT) scheduled a $350 million IPO with a market capitalization of $772 at a price range mid-point of $20 for Thursday, May 3, 2012. ROYT expects to sell 45% of the company on the IPO - that's a relatively high percentage and is not a plus. [S-1]

    • IPO Preview: Aleris

      By IPOdesktop: Based in Beachwood, Ohio, Aleris (proposed ARS) scheduled a $500 million IPO with a market capitalization of $1.7 billion at a price range mid-point of $16 for Thursday, April 12, 2012. S-1Eight IPOs are scheduled for this week. The full IPO calendar is here.

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