Latrobe Special: the metals and alloys manufacturer is looking to raise $175 mn in its IPO. Backed by the Watermill Group and Hicks Holdings, which holds 90.5 percent of the company, Latrobe’s market includes aerospace, defense, energy, hydrocarbon, medical and industrial steel. [Source: AltAssets]
Rexnord: this precision motion technology manufacturer is shooting for a $700 mn capital raise in its planned listing on the NYSE. The float follows two scrapped IPOs in the past five years. It’s backed by private equity firm Apollo. [Source: AltAssets]
Spirit Airlines: the air carrier raised $187.2 mn in its NASDAQ IPO last week, providing an exit for Indigo Partners and Oaktree Capital Management, which own 31.5 percent and 40.3 percent of the company, respectively. [Source: AltAssets]
