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Ipreo Early Edition – The Week Ended April 11, 2014

Ipreo Early Edition – The Week Ended April 11, 2014

Broader market undulations and the start of a Tiger-less Masters Tournament failed to vanquish the momentum of new issuance last week, as 24 deals hit the market. 10 IPOS, 13 follow-ons and 1 convertible debt offering brought home a combined $7.34B in proceeds, and came in well ahead of the prior-week’s 20 deals for $4.06B. Last week’s proceeds total was bolstered by several high-profile deals, but Ally Financial, Inc.’s $2.38B public debut led the group and became the largest IPO of the year so far.

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