IPO: A Global Guide

In this practical guide to initial public offerings, Philippe Espinasse explains the pros and cons of turning private businesses into listed companies. In straightforward, jargon-free language he details the strategies, procedures, and documentation for different forms of listings, and describes the process of marketing and pricing an international IPO. The guide includes many real-life case studies, sample documents, an extensive glossary of terms, and a review of listing requirements for major stock exchanges. It also discusses recent developments in global equity capital markets. This fully revised paperback edition includes additional case studies, information on recent regulatory changes, and new sections on Malaysia and business trusts in Singapore and Hong Kong.
IPO: A Global Guide is applicable to any financial jurisdiction, including emerging markets in the Asia-Pacific region, the Middle East, and Eastern Europe. Intended for entrepreneurs, market practitioners and students. A private company (let’s use the LinkedIn IPO as an example) has grown very strongly over a period of years and as a result has booked a very good profit. The company wishes to expand on their potential and needs a way to raise a good bit of capital to pull it off.
So the company (the LinkedIn IPO example) hires an IPO underwriter and files with the SEC (Security Exchange Commission) for IPO. This first step in the IPO Process is when the company literally opens its books to the world, showing current earnings, past earnings, risks of investment, underwriting, use of proceeds (what the company will do with the cash it raises from its IPO) and explains the industry background to name a few.


Mechanics and performance of IPOs

An initial public offering (IPO) – the occasion when a firm’s shares are issued to the public for the first time – is one of the most exciting events in the life of a company, providing new opportunities for the...

IPOs and Equity Offerings

An initial public offering (IPO) is one of the most significant events in corporate life. It follows months, even years of preparation. During the boom years of the late 1990s bull market, IPOs of growth companies captured the imagination and...

The I.P.O.

A tragic accident. An opportunistic CEO. A shocking announcement at the opening of a bizarre new stock market. Seven year-old Ryan Tyler, Jr. has just been adopted. By a corporation. Ticker symbol RTJ is the initial public offering on James...

International and US IPO Planning

Praise for International and U.S. IPO Planning “Perhaps the greatest value of Frederick Lipman’s new book on initial public offerings derives—as its title indicates—from the emphasis that it places on planning. Lipman makes abundantly clear that an IPO is not...

From Alchemy To Ipo: The Business Of Biotechnology

“A tour-de-force for anyone who is interested in the biotech industry. I applaud the enormous achievement of Cynthia Robbins-Roth.”-Frederick Frank, Senior Managing Director & Vice Chair, Lehman Brothers”From Alchemy to IPO tells the dramatic story of this revolutionary industry as...

IPO Banks: Pitch, Selection and Mandate

In this practical guide, Philippe Espinasse, a former equity capital markets banker and author of IPO: A Global Guide, looks at what goes on behind the scenes when investment banks pitch for IPOs to companies and their shareholders. In clear...