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5 IPOs Joined NYSE Group in the Week Ended November 24, 2006
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5 IPOs Raised $2.5 billion in total
NEW YORK , November 24, 2006 , – In the week ended November 24, 2006 , five initial public offerings joined the roster of NYSE-listed companies, raising a total of $ 2.5 billion.
On Nov. 22, DWS Dreman Value Income Edge Fund, Inc. began trading on the NYSE under the ticker symbol DHG. Headquartered in New York , this company raised $910 million in its initial public offering.
Headquartered at Schiphol Airport, Netherlands-based AerCap Holdings N.V. provides aircraft leasing to airlines and asset management services to aircraft owners and investors on a global basis. The company began trading on the NYSE under the ticker symbol AER on Nov. 21. AerCap Holdings N.V raised $600 million in its initial public offering.
Headquartered in New York , Cohen & Steers Closed-End Opportunity Fund, Inc. began trading on the NYSE under the ticker symbol FOF. The company raised $475 million in its initial public offering on Nov. 21.
On Nov. 21, Spirit AeroSystems Holdings, Inc. began trading on the NYSE under the ticker symbol SPR. Spirit AeroSystems Holdings, Inc. joined the Exchange as an IPO, raising $272 million.
North American Energy Partners, Inc , a leading resources services provider to major oil and natural gas and other natural resources companies, with a primary focus in Canadian oil sands, began trading on the NYSE under the ticker symbol NOA. Headquartered in Alberta , Canada , the company raised $200 million in its initial public offering on Nov. 22.
About NYSE Group, Inc.
NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca, Inc. (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. In the third quarter of 2006, on an average trading day, 2.2 billion shares, valued at $80.1 billion, were traded on the exchanges of the NYSE Group.
The NYSE is the world’s largest and most liquid cash equities exchange. The NYSE provides a reliable, orderly, liquid and efficient marketplace where investors buy and sell listed companies’ common stock and other securities. On September 30, 2006 , the operating companies listed on the NYSE represented a total global market capitalization of $23.1 trillion.
NYSE Arca operates NYSE Arca, Inc., the first open, all-electronic stock exchange in the United States , and has a leading position in trading exchange-traded funds and exchange-listed securities. NYSE Arca, Inc. is also an exchange for trading equity options. NYSE Arca’s trading platforms provide customers with fast electronic execution and open, direct and anonymous market access.
NYSE Regulation, an independent not-for-profit subsidiary, regulates member organizations through the enforcement of marketplace rules and federal securities laws. NYSE Regulation also ensures that companies listed on the NYSE and NYSE Arca meet their financial and corporate governance listing standards.
For more information on NYSE Group, go to: www.nyse.com. Information contained on our website does not constitute a part of the prospectus relating to the proposed offering.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this article may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on NYSE Group’s current expectations and involve risks and uncertainties that could cause NYSE Group’s actual results to differ materially from those set forth in the statements. There can be no assurance that such expectations will prove to be correct. Actual results may differ materially from those expressed or implied in the forward-looking statements. Factors that could cause NYSE Group’s results to differ materially from current expectations include, but are not limited to: NYSE Group’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Group’s Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Group that the projections will prove to be correct. We undertake no obligation to release any revisions to any forward-looking statements.
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