Insurer leads flood of 14 IPO prospects that could top $ 3 billion


[ad_1]

Law360 (July 12, 2021, 9:04 p.m. EDT) – Insurer Ryan Specialty Group Holdings Inc. on Monday presented an initial public offering estimated at $ 1.3 billion, one of at least 14 companies in launch IPO plans that could exceed a combined $ 3.5 billion as part of a hot market that shows no signs of a summer hiatus.

Ryan Specialty, advised by Kirkland & Ellis LLP, told regulators on Monday that he plans to sell 56.9 million shares at a price of between $ 22 and $ 25, raising $ 1.3 billion midway through. Ryan Specialty’s IPO is expected to be set during the week of July 19, according to research firm Renaissance Capital.

Ryan Specialty, based in Chicago, was joined by …

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
  • Create personalized alerts for specific case articles and topics and more!

TRY LAW360 FREE FOR SEVEN DAYS

[ad_2]

Comments are closed.