This week is set to be the busiest week for initial public offerings since August 2000, reports The Financial Times, citing data from Dealogic.
Of course, these IPOs are expected and could always be delayed, but as things currently stand, 25 companies are poised to make their public debut this week, notably Synchrony Financial, the credit card unit of General Electric.
In its report, the FT notes that in the current environment of rising equity prices and low volatility, companies that have been weighing a public offering are eager to come to market while equities are in favor with investors.
Last Friday, Goldman Sachs downgraded stocks for the next three months amid a risk that bond yields could rise, possibly suggesting that this ripe window for IPOs could soon be closing. At least a little bit.
This table from Renaissance Capital shows the full list of companies expected to make their debut this week.
More From Business Insider
- KERRY TO RUSSIA: STOP LYING
- A Grad Student Reveals What The First Year At A Top Business School Is Really Like
- German Intelligence: Cracks Are Starting To Show Between Russia's Oligarchs And Putin's Hardliners
- 29 Destinations That Are Cheaper And Still Awesome In The Off-Season
- Rebel Official: Russian Separatists Involved In Shooting Down MH17 Were From 4,200 Miles Away
- initial public offerings