Expecting HCA, MagnaChip IPOs This Week

The following IPOs are expected to price this week:

HCA Holdings (HCA), the largest private hospital operator in the US, plans to raise $3.5 billion by offering 124 million shares at a price range of $27 to $30. At the mid-point of the proposed range, HCA Holdings will command a market value of $15.7 billion. HCA Holdings, which was founded in 1968, booked $30.7 billion in sales over the last 12 months. The Nashville, TN-based company plans to list on the NYSE under the symbol HCA. BofA Merrill Lynch (BAC), Citi (C) and J.P. Morgan (JPM) are the lead underwriters on the deal.

MagnaChip Semiconductor (MX), a former analog and mixed-signal semiconductor business of LG, plans to raise $152 million by offering 9,500,000 shares at a price range of $15 to $17. At the mid-point of the proposed range, MagnaChip Semiconductor will command a market value of $649 million. MagnaChip Semiconductor, which was founded in 2004, booked $770 million in sales over the last 12 months. The Luxembourg-based company plans to list on the NYSE under the symbol MX. Barclays Capital (BCS), Deutsche Bank Securities (DB) and Goldman, Sachs & Co. (GS) are the lead underwriters on the deal. The company had previously filed last June to offer 7.5 million shares (80% insider) at $15.50 to $17.50 before postponing the deal.