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John E. Fitzgibbon, Jr. has been following the IPO market since 1973 as an investment banker, as an analyst and as a journalist. In a CBS News survey, Mr. Fitzgibbon was named “The Best of Wall Street” for his coverage of IPOs. He has held the following registrations: Series 7; Series 8;... More
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  • Nobao Renewable Energy Holdings IPO sets pricing terms and trade date. 0 comments
    May 16, 2011 4:34 PM | about stocks: NRE

    Nobao Renewable Energy Holdings, a Shanghai-based provider of energy management solutions in China utilizing ground source heat pump technologies, set pricing terms for its IPO on May 16. The company will offer 11.2 million American Depositary Shares at $11 to $13 each to raise $134.4 million. The deal is expected to priced on the evening of Thursday, May 26 to trade on Friday, May 27 on the New York Stock Exchange under the proposed symbol “NRE.” Joint-lead managers are: Citi; Deutsche Bank Securities; Goldman Sachs; and UBS Investment Bank.



    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
    Stocks: NRE
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