Investors frustrated by rushed Metro Glass IPO

Investors are frustrated they did not get to see a draft prospectus for Metro Performance Glass until after meeting with the company, putting them on the back foot for this week’s IPO book build.

Institutional investors are getting involved from today until Friday in bidding for shares in the company ahead of the IPO.

Metro Performance Glass is the listing vehicle for Metroglass, a New Zealand commercial and residential glass supplier owned by a syndicate of private-equity investors headed by Crescent Capital.

 

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