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Aleris Corporation (ARS), a global manufacturer of aluminum products and specification alloys, plans to raise $500 million by offering 31.3 million shares at a price range of $15.00 to $17.00. At the midpoint of the proposed range, Aleris Corporation would command a market value of $1.87 billion. Aleris Corporation, which was founded in 2004, booked $4.83 billion in sales over the last 12 months. The Beachwood, OH-based company plans to list on the NYSE under the symbol ARS. J.P. Morgan, Barclays Capital, Deutsche Bank Securities and BofA Merrill Lynch are the joint bookrunners on the deal.

BrightSource Energy (BRSE), which develops utility-scale solar thermal power plants, plans to raise $152 million by offering 6.9 million shares at a price range of $21.00 to $23.00. At the midpoint of the proposed range, BrightSource Energy would command a market value of $1.04 billion. BrightSource Energy, which was founded in 2004, booked $159 million in sales over the last 12 months. The Oakland, CA-based company plans to list on the NASDAQ under the symbol BRSE. Goldman, Sachs & Co., Citi and Deutsche Bank Securities are the joint bookrunners on the deal.

Enerkem (NRKM), which has developed a process that converts municipal waste into cellulosic ethanol, plans to raise $131 million by offering 7.3 million shares at a price range of $17.00 to $19.00. At the midpoint of the proposed range, Enerkem would command a market value of $534 million. Enerkem, which was founded in 2000, booked $3 million in sales over the last 12 months. The Montreal, Canada-based company plans to list on the NASDAQ under the symbol NRKM. Goldman, Sachs & Co., Credit Suisse and BMO Capital Markets are the joint bookrunners on the deal.

Erickson Air-Crane (EAC), which provides aerial firefighting and timber harvesting service on heavy-lift helicopters, plans to raise $41 million by offering 4.8 million shares at a price range of $8.00 to $9.00. At the midpoint of the proposed range, Erickson Air-Crane would command a market value of $84 million. Erickson Air-Crane, which was founded in 1971, booked $153 million in sales over the last 12 months. The Portland, OR-based company plans to list on the NASDAQ under the symbol EAC. Stifel Nicolaus Weisel, Oppenheimer & Co. and Lazard Capital Markets are the joint bookrunners on the deal.

Forum Energy Technologies (FET), a global products and services provider for the oil and natural gas industries, plans to raise $300 million by offering 15.8 million shares at a price range of $18.00 to $20.00. At the midpoint of the proposed range, Forum Energy Technologies would command a market value of $1.76 billion. Forum Energy Technologies, which was founded in 1985, booked $1.13 billion in sales over the last 12 months. The Houston, TX-based company plans to list on the NYSE under the symbol FET. J.P. Morgan, BofA Merrill Lynch, Credit Suisse and Citi are the joint bookrunners on the deal.

MRC Global (MRC), the largest global pipes, valves and fitting (PVF) and services supplier to the energy industry, plans to raise $500 million by offering 22.7 million shares at a price range of $21.00 to $23.00. At the midpoint of the proposed range, MRC Global would command a market value of $2.25 billion. MRC Global, which was founded in 1921, booked $4.83 billion in sales over the last 12 months. The Houston, TX-based company plans to list on the NYSE under the symbol MRC. Goldman, Sachs & Co. and Barclays Capital are the joint bookrunners on the deal.

Oaktree Capital Group (OAK), an alternative asset manager with a focus on credit and $75 billion in AUM, plans to raise $501 million by offering 11.3 million shares at a price range of $43.00 to $46.00. At the midpoint of the proposed range, Oaktree Capital Group would command a market value of $6.71 billion. Oaktree Capital Group, which was founded in 1995, booked $1.36 billion in sales over the last 12 months. The Los Angeles, CA-based company plans to list on the NYSE under the symbol OAK. Goldman, Sachs & Co. and Morgan Stanley are the joint bookrunners on the deal.

Renaissance Capital will have Pre-IPO Research available on each of these upcoming IPOs prior to its pricing.

Last week, there was 1 IPO pricing. Retail Properties of America (RPAI), the third largest shopping center REIT in the US with 259 retail properties ended up 9% from its IPO price.

Source: 7 IPOs Planned For The Week of April 9