Conyers Park II Prices $400M SPAC IPO

IPO

Conyers Park II Prices $400M SPAC IPO

Conyers Park II Acquisition Corp. (CPAAU), announced the pricing of their $400 million SPAC IPO this evening. Conyers Park II’s units are expected to begin trading Thursday, July 18th, under the symbol NASDAQ: CPAAU.

Conyers Park II will focus on the consumer sector and will be led by James Kilts, as Executive Chairman, and David West, as CEO.

Total SPAC deal count for 2019 year-to-date is now 33 with $7.98 billion in gross proceeds raised. The offering is expected to close on July 22, 2019.

Congratulations to all.

Deutsche Bank and Goldman Sachs acted as joint book-running managers. Kirkland & Ellis LLP  and Ropes & Gray LLP were issuer’s counsel and underwriter’s counsel, respectively.

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