There appears to be demand for new issues in the market that’s outstripping supply
The provision provides companies with more flexibility to plan an IPO and may reduce exposure to market fluctuations that can affect the offering process adversely
Long-term securities issuance totalled US$1.9 trillion
The shares were issued last month without a vote by shareholders
RBC’s capital markets group led underwriting for overall debt, Canadian corporate and government debt, total equity issuance, common stock issuance and secondary offerings
There was a 92% increase in the number of IPOs and a 146% increase in value compared with Q1 2016, representing the best Q1 since 2007, EY report finds
There were notably positive results in terms of volume and value of IPO deals during Q1: PWC report
The proposals aim to bolster the availability of independent research and enhancing the information that investors receive
Before the $400-million IPO, 2016 was shaping up to the worst year on record for IPOs, with less than $2 million in new issues, according to PwC’s quarterly report
PwC report on new issues in Canada blames economic uncertainty, cites good news