WaterBridge Infrastructure signage during the company’s IPO on the floor of the New York Stock Exchange. (Bloomberg) — WaterBridge Infrastructure LLC shares rose 14% in their trading debut after the water infrastructure company raised $634 million in an initial public offering that priced at the top end the marketed range. Most Read from Bloomberg The…
By Ankita Bora and Arasu Kannagi Basil (Reuters) – WaterBridge Infrastructure’s shares jumped 25% in their debut on the New York Stock Exchange on Wednesday, giving the midstream water management firm a market valuation of nearly $3 billion. Shares of the Houston, Texas-based company, which is backed by private equity firm Five Point, opened at…
By Arasu Kannagi Basil (Reuters) -Midstream water management company WaterBridge Infrastructure filed for a U.S. initial public offering on Friday, underscoring growing momentum in the new listings market. A slew of corporate issuers have joined the IPO pipeline in recent days, setting them up for a potential September launch. Firming bets of potential near-term rate…