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This Week's Eight New IPOs Led by Zayo Group (NYSE: ZAYO) By Kyle Anderson

The calendar is loaded again this week, as eight new IPOs come to market. We've now seen 35 initial public offerings since Alibaba Group Holding Ltd. (NYSE: BABA) stock hit the market on Sept. 19. The biggest IPO to watch this week is Zayo Group Holdings (NYSE: ZAYO) . The stock is coming to market on Friday, and the fiber-optic company will raise roughly $650 million. But that's not the only deal to watch this week. In fact, this week's new IPOs should raise more than $1.8 billion combined. The post This Week's Eight New IPOs Led by Zayo Group (NYSE: ZAYO) appeared first on Money Morning - Only the News You Can Profit From .

Eight new IPOs will come to market this week to continue this busy year for new stocks. We've now seen 35 initial public offerings since Alibaba Group Holding Ltd. (NYSE: BABA) stock hit the market Sept. 19.
new ipos
Only six IPOs took place in the month leading up to the Alibaba IPO, a sign that companies waited until after BABA to go public.

The biggest IPO to watch this week is Zayo Group Holdings (NYSE: ZAYO). The stock will start trading Friday, and the fiber-optic company will raise roughly $650 million.

But that's not the only deal to watch this week. In fact, this week's new IPOs should raise more than $1.8 billion combined.

Here are the details behind each of this week's upcoming offerings...

This Week's Eight New IPOs

Zayo Group Holdings Inc. (NYSE: ZAYO) provides fiber-optic bandwidth infrastructure services. It had revenue of $1.1 billion last year. ZAYO will sell 28.9 million shares at a $21 to $24 price range, and should raise $650 million. The firm is expected to have a market cap of $5.3 billion after the IPO. ZAYO shares will trade on the New York Stock Exchange starting Friday, Oct. 17.

Great Western Bancorp Inc. (NYSE: GWB) is a full service, regional bank holding company that operates in the Midwest. Through its IPO, GWB plans to raise $360 million by offering 16 million shares at a $21 to $24 range. Last year, GWB had revenue of $376 million. After the IPO, analysts expect GWB to have a market value of $1.3 billion. GWB will make its debut Wednesday, Oct. 15, on the NYSE.

Dominion Midstream Partners LP (NYSE: DM) is a spin-off of Dominion Resources Inc. (NYSE: DM). It owns a liquefied natural gas (LNG) terminal in Lusby, Md. DM will sell 17.5 million shares this week. At the midpoint of its $19 to $21 range, DM will raise $350 million. In the last 12 months, DM reported $254 million in revenue. The company will have a valuation of roughly $1.3 billion after the IPO. DM shares will be available on the NYSE starting on Wednesday, Oct. 15.

Money Morning Members: Continue reading for the rest of this week's new IPOs...

Forward Pharma (Nasdaq: FWP) is a biotech company whose lead product is designed to treat multiple sclerosis. This week, FWP plans to raise $200 million by selling 9.5 million shares at a $20 to $22 range. Following the deal, FWP should be valued at $945 million. FWP will make its debut Wednesday, Oct. 15, on the Nasdaq .

Hydra Industries Acquisition Corp. (Nasdaq: HDRAU) is a blank-check company primarily focused on acquisitions. HDRAU wants to raise $100 million by selling 10 million shares for $10 each. For every share investors buy, they'll have the opportunity to buy another one-half share for $5.75 each. HDRAU was founded in 2014 and will begin trading on the Nasdaq Wednesday, Oct. 15.

Atara Biotherapeutics Inc. (Nasdaq: ATRA) plans to raise $75 million by selling 5 million shares at a range of $14 to $16. ATRA stock will begin trading on the Nasdaq Thursday, Oct. 16.

Virobay Inc. (Nasdaq: VBAY) will raise $50 million by selling 3.8 million shares at a $12 to $14 range. VBAY will make its debut on the Nasdaq Thursday, Oct. 16.

Xenon Pharmaceuticals Inc. (Nasdaq: XENE) plans to raise $44 million by selling 4 million shares at a range of $10 to $12. XENE will begin trading on the Nasdaq Friday, Oct. 17.

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The post This Week's Eight New IPOs Led by Zayo Group (NYSE: ZAYO) appeared first on Money Morning - Only the News You Can Profit From.

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