The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A DoubleLine Backer is About to IPO for $595M Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, March 30, 2012

A DoubleLine Backer is About to IPO for $595M

News summary by MFWire's editors

A strategic partner to, and minority investor in, DoubleLine Capital is about to go public for up to nearly $600 million. More than nine month after disclosing its initial public offering plan, Oaktree Capital Group priced its IPO today [filing].

Reuters reported on Oaktree's updated filing.

The Los Angeles-based private equity firm expects the offering of 11.3 million shares to be pegged at between $43 and $46 per share, for a total of up to $595 million from the IPO. According to Reuters, Oaktree's initial filing in June 2011 included an estimate that the IPO would raise up to $100 million.

Goldman Sachs and Morgan Stanley are listed as the lead underwriters for the IPO. The others now include BofA Merrill Lynch, Credit Suisse, Deutsche Bank, J.P. Morgan, BNY Mellon Capital Markets, Keefe, Bruyette & Woods, Sandler O’Neill + Partners, L.P., SunTrust Robinson Humphrey, Wells Fargo Securities, and Sanford C. Bernstein. 

Edited by: HFD

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use