Covering IPOs, Healthcare and Technology Stocks

Andrei Zakharov

A highly collaborative investment professional and research analyst with 10+ years of international experience in equity research, treasury operations, and trading positions across multiple asset classes at leading multinational banks Citibank and Morgan Stanley, UHNWI-backed family office and European independent equity research firm. A respectable background in equity capital markets, corporate treasury, investment banking operations, equity research analysis and portfolio management.

Equity Capital Markets

<ul>
<li>Solera Corp, the global leader in vehicle lifecycle management and automotive software solution provider, filed to list IPO on New York Stock Exchange.  </li>
<li>The software company plans to raise capital and repay a portion of massive debt obligations, which exceeded $8B as of Jun-24. Goldman Sachs is leading the offering.  </li>
<li>With $8B+ of variable rate indebtedness and low single-digit growth, the risk-reward profile of Solera IPO looks increasingly skewed to the downside.</li>
</ul>


Solera Corp, the global leader in vehicle lifecycle management and automotive software solution provider, filed to list IPO on New York Stock Exchange.  
The software company plans to raise capital and repay a portion of massive debt obligations, which exceeded $8B as of Jun-24. Goldman Sachs is leading the offering.  
With $8B+ of variable rate indebtedness and low single-digit growth, the risk-reward profile of Solera IPO looks increasingly skewed to the downside.


Solera IPO Preview: Low Single-Digit Growth and $8B+ of Variable Rate Indebtedness