IPO Pricings: Atlas Energy & DCT Industrial Trust

Atlas Energy Resources (ATN) priced its 6.325 million share IPO at $21.00, at the top of the $19.00 to $21.00 range.  This was a large syndicate: with Lead managers UBS, Wachovia, and A.G.Edwards; co-managers are RBC, FBR, Credit Suisse, McDonald & Co., and Stifel Nicolaus.

DCT Industrial Trust (DCT) priced its 16.3 million share IPO at $12.25, toward the higher-end of the $11.50 to $12.50 range and higher than the 15 million shares indicated.  Merrill Lynch and Wachovia acted as lead managers; co-managers were Banc of America, JPMorgan, and Morgan Keegan.

Jon C. Ogg
December 13, 2006