Around the world, global initial public offering issuance was less than stellar in the past year. A weak Chinese market, the debt crisis in Europe and the sputtering markets in the U.S. contributed to IPO proceeds falling 29.7 percent, the lowest level seen since 2008, according to Renaissance Capital.
Even though Facebook's 2012 IPO was hotly anticipated and expected to perform well, it ended up being a controversial move and the stock performed much worse than anticipated over the following months.
However, those businesses considering filing an IPO in the coming year may need to take into consideration market trends and expectations for 2013. According to Renaissance Capital, IPO issuance should gain strength next year, in part due to late 2012 gains.
Businesses thinking about making such a move should consider their corporate banking choices and ensure they have reliable options and advice before coming to a final decision. With an IPO in the pipeline, a company will have a variety of financial disclosures to make and will need to ensure its operations and statements are in order to have a successful opening. This makes having a reliable banking partner all the more important.
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