NYSE Euronext raises $17.1 b through global IPOs in H1 '12

 Despite the economic and political uncertainty in the first half of 2012, NYSE Euronext (NYX) raised $17.1 billion in total global proceeds from Initial Public Offerings (IPOs) in the first half of this calender year through 66 issues.

NYX is a leading global operator of financial markets and provider of innovative trading technologies.

In the US, NYSE Euronext had 56 new listings including the successful listing of ServiceNow Inc, while in Europe, it had 16 new listings with around 1.2 billion pounds in proceeds.
“Despite global business, economic and political uncertainty in the first half of 2012, we completed a significant number of IPO capital market transactions,” NYSE Euronext EVP and Head (Global Listings) Scott Cutler said.

He, however, said there were fewer debuts of large IPOs than in the first half of 2011.

Similar vein

In a similar vein, NYSE Euronext Head (International Listings) Diederik Zandstra said, “In the first six months of 2012, we saw some optimism returning for IPOs with the listing of Ziggo and the amount of capital raised.”

Zandstra further added that while market volatility is likely to continue in 2012, “periods” when market conditions will be favorable for IPOs are likely to be there.

A sector-wise analysis shows that technology, financial services and energy were the most active sectors in the first half of 2012.

During the period, NYSE Euronext listed 53 per cent of the technology IPOs in the US, including the recent IPO of ServiceNow, Inc.

Technology-based listings on NYSE in the first half of 2012 included Demandware Inc, Exact Target Inc, Guidewire Software Inc, Infoblox Inc, Millennial Media Inc and Yelp Inc. Going ahead, the pipeline of technology deals looks strong for the second half of 2012.

Moreover, NYSE Euronext’s global venues continued to attract leading companies from around the world in the first half of 2012.

In Europe, Groupe Eurotunnel announced that it will become the first company to be admitted to trading on NYSE Euronext London.

In the US, global industry leaders such as AVG Technologies NV from Czech Republic, Cementos Pacasmayo from Peru and Cencosud SA from Chile, all listed on NYSE.