{"id":3348,"date":"2025-04-29T12:00:55","date_gmt":"2025-04-29T12:00:55","guid":{"rendered":"http:\/\/calebdewey.com\/?p=3348"},"modified":"2025-04-29T12:25:52","modified_gmt":"2025-04-29T12:25:52","slug":"aspen-targets-up-to-341m-in-us-ipo-launch","status":"publish","type":"post","link":"http:\/\/calebdewey.com\/index.php\/2025\/04\/29\/aspen-targets-up-to-341m-in-us-ipo-launch\/","title":{"rendered":"Aspen targets up to $341m in US IPO launch"},"content":{"rendered":"

Aspen Insurance has launched an initial public offering of 11 million Class A ordinary shares ($0.001 par value), all being sold by entities affiliated with Apollo Global Management, its parent company.<\/p>\n

\"aspen-logo\"Aspen has revealed that the selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 1,650,000 ordinary shares. The IPO price is expected to range between $29.00 and $31.00 per share, which would value the base offering between approximately $319 million and $341 million.<\/p>\n

According to the firm, its ordinary shares have been approved for listing, subject to official notice of issuance, under the ticker symbol \u201cAHL\u201d on the New York Stock Exchange.<\/p>\n

Readers may recall that Aspen filed for a U.S. IPO in December 2023<\/a>, stating that the offering aimed to enhance financial flexibility, establish a public market for its shares, strengthen its capitalisation, and support future access to capital markets.<\/p>\n

Goldman Sachs & Co. LLC, Citigroup and Jefferies are reportedly acting as lead book-running managers for the proposed offering.<\/p>\n

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Meanwhile, Apollo Global Securities, BMO Capital Markets, Deutsche Bank Securities, Morgan Stanley, RBC Capital Markets, Wells Fargo Securities, Citizens Capital Markets, Dowling & Partners, Natixis, Piper Sandler, and Raymond James are serving as book-running managers, while Academy Securities and Siebert Williams Shank are acting as co-managers for the proposed offering.<\/p>\n

The post Aspen targets up to $341m in US IPO launch<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Aspen Insurance has launched an initial public offering of 11 million Class A ordinary shares ($0.001 par value), all being sold by entities affiliated with Apollo Global Management, its parent company. Aspen has revealed that the selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 1,650,000 ordinary shares. The […]<\/p>\n","protected":false},"author":1,"featured_media":3350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"_links":{"self":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/3348"}],"collection":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/comments?post=3348"}],"version-history":[{"count":3,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/3348\/revisions"}],"predecessor-version":[{"id":3352,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/3348\/revisions\/3352"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/media\/3350"}],"wp:attachment":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/media?parent=3348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/categories?post=3348"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/tags?post=3348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}