Ropes & Gray capital markets partner Rachel D. Phillips commented on the active market for secondary offerings in a Bloomberg News article.
November 2023 is on track to become the busiest month for the offerings since November 2021, according to data compiled by Bloomberg.
“With a follow-on, you have more flexibility to be opportunistic. A well-known, seasoned issuer or an issuer that has an effective shelf registration statement can get these deals together pretty quick,” Rachel said.
Attorneys
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.