Dealogic | ECM StatShot
IPO* Drought Continues for the NYSE and Euronext
IPO activity for deals above $20m has dropped 58% year-on-year globally. 66 IPOs have priced so far in 2016, the lowest level since 2009 YTD (five IPOs)
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Key highlights include:
90-Day
IPO* drought on
the NYSE
IPO* drought on the NYSE
Since Yirendai’s $75m listing on December 17, 2015, no IPOs have priced on the NYSE**, a 90-day IPO drought. This is the second longest IPO drought for the exchange on record, following a period of 187-days between Rackspace Hosting’s $188m IPO on August 7, 2008, and Mead Johnson Nutrition’s $828m IPO on February 10, 2009
Euronext
Absence of IPOs*
for 97 days
Euronext sees 97-Day absence of IPOs*
SIF Holding’s $135m postponed IPO in February was the only Euronext listing launched in 2016 YTD
*Includes IPOs with deal value above $20m
**Includes IPOs on the NYSE, NYSE ARCA and NYSE MKT
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