Sunday, 24 June 2007

RPT-IPO-VIEW-Blackstone IPO sets stage for robust 2007

(Reuters) - NEW YORK, June 24 - The past week's U.S. market
for initial public offerings lacked quantity, but Thursday's
$4.13 billion offering by Blackstone Group more than made up
for it, and put the U.S. IPO market on a high note for the
first half of 2007, and likely the rest of the year.




Blackstone, the week's only major IPO, raised $1.6 billion
more than the $2.5 billion generated by initial public
offerings during the entire month of June 2006, according to
Dealogic.


Read more at Reuters.com Bonds News

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