IPO market roundup: Bankrate, Prada and Vanguard Health Systems

Bankrate: the financial content company is looking to raise $300 mn in an IPO that would lead to a valuation of $1.5 bn. The price range for the 20 mn shares being offered is $14 to $16. [Source: Renaissance Capital]

Prada: the fashion company is set to go public in Hong Kong as early as next week, where it hopes to raise $2 bn to $2.6 bn. [Source: IPO Roadshow]

Vanguard Health Systems: the hospital operator could hit a valuation of $1.57 bn in an IPO expected to raise as much as $575 mn in capital. The price range is expected to be $21 to $23 a share and would provide a liquidity event for Blackstone Group, which controls the company. [Source: Reuters]

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