IPOs

Barclays, Goldman Sachs, Jefferies to lead Marex’s New York IPO

Citi, UBS, Piper Sandler and HSBC also win mandates as bookrunners for the IPO

Monday 15 April 2024 at 14:24

The City-based trade services provider is targeting a valuation of around $1.38bn
The City-based trade services provider is targeting a valuation of around $1.38bn Photo: Getty Images/iStockphoto

Barclays, Goldman Sachs and Jefferies have won key mandates as trading services firm Marex prepares a New York IPO.

The trio join Keefe, Bruyette & Woods as lead bookrunning managers for the listing, as bankers try to ride a recent wave of positivity around a capital markets rebound.