Dominion Lending Centres Clearlease Reports Avaya Holdings Corp files for IPO of up to $1 billion
VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Private equity-backed Avaya Holdings Corp, a telecom equipment maker, on Thursday June 9, 2011 became the latest in a rush of IPOs and filings by technology sector companies.
The Basking Ridge, New Jersey-based company was taken private by Silver Lake Partners and TPG in 2007 for just over $8 billion.
On Thursday, it filed to raise up to $1 billion in an initial public offering. The $1 billion figure in the filing is used to calculate registration fees and the final size of the IPO could be different. The company did not specify the number of shares it hopes to sell, an expected price range, exchange or ticker symbol.
Avaya sells communications software, equipment and support services. In the six months ended March 31, it posted a net loss attributable to common stockholders of $615 million on revenue of $2.8 billion.
Avaya estimates the total value of the markets it operates in will be worth about $77 billion in 2011, the company said in its S-1 IPO filing with the U.S. Securities and Exchange Commission.
Avaya said it would use proceeds from the IPO to repay some of its debt, redeem preferred stock and pay management termination fees to its sponsors.
Morgan Stanley, Goldman Sachs and JPMorgan are leading the underwriters on the IPO.
Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Private equity-backed Avaya Holdings Corp, a telecom equipment maker, on Thursday June 9, 2011 became the latest in a rush of IPOs and filings by technology sector companies.
The Basking Ridge, New Jersey-based company was taken private by Silver Lake Partners and TPG in 2007 for just over $8 billion.
On Thursday, it filed to raise up to $1 billion in an initial public offering. The $1 billion figure in the filing is used to calculate registration fees and the final size of the IPO could be different. The company did not specify the number of shares it hopes to sell, an expected price range, exchange or ticker symbol.
Avaya sells communications software, equipment and support services. In the six months ended March 31, it posted a net loss attributable to common stockholders of $615 million on revenue of $2.8 billion.
Avaya estimates the total value of the markets it operates in will be worth about $77 billion in 2011, the company said in its S-1 IPO filing with the U.S. Securities and Exchange Commission.
Avaya said it would use proceeds from the IPO to repay some of its debt, redeem preferred stock and pay management termination fees to its sponsors.
Morgan Stanley, Goldman Sachs and JPMorgan are leading the underwriters on the IPO.
Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
Dominion Lending Centres Clearlease Reports Avaya Holdings Corp files for IPO of up to $1 billion
VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Private equity-backed Avaya Holdings Corp, a telecom equipment maker, on Thursday June 9, 2011 became the latest in a rush of IPOs and filings by technology sector companies.
The Basking Ridge, New Jersey-based company was taken private by Silver Lake Partners and TPG in 2007 for just over $8 billion.
On Thursday, it filed to raise up to $1 billion in an initial public offering. The $1 billion figure in the filing is used to calculate registration fees and the final size of the IPO could be different. The company did not specify the number of shares it hopes to sell, an expected price range, exchange or ticker symbol.
Avaya sells communications software, equipment and support services. In the six months ended March 31, it posted a net loss attributable to common stockholders of $615 million on revenue of $2.8 billion.
Avaya estimates the total value of the markets it operates in will be worth about $77 billion in 2011, the company said in its S-1 IPO filing with the U.S. Securities and Exchange Commission.
Avaya said it would use proceeds from the IPO to repay some of its debt, redeem preferred stock and pay management termination fees to its sponsors.
Morgan Stanley, Goldman Sachs and JPMorgan are leading the underwriters on the IPO.
Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk