Oaktree-Backed ITG Targets $2.7 Billion Valuation in US IPO

ITG, a digital infrastructure firm backed by Oaktree, has set its IPO terms, targeting a price range of $19 to $22 per share for its Nasdaq debut. The company aims to raise $429 million, which would value it at approximately $2.7 billion.

22 Jun, 11:04 — 22 Jun, 20:38

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Why this matters

ITG's IPO represents a significant event in the financial markets, potentially offering new investment opportunities and reflecting investor confidence in the company's growth prospects. A successful IPO could also provide Oaktree with a substantial return on its investment.

Key entitiesITG Oaktree Nasdaq

The Story

What 4 sources agree on, dispute, and miss

What sources agree on

ITG is planning a US IPO
The target valuation for ITG's IPO is $2.7 billion
ITG is backed by Oaktree

Key claims2 agreed · 2 unverified

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ITG is targeting a $2.7 billion valuation in its US IPO

agreed·seeking-alphaYahoochannel-news-asia

✓

ITG is backed by Oaktree

agreed·seeking-alphaYahoochannel-news-asia

ITG is setting its IPO terms with a target price range of $19 to $22

unverified·seeking-alpha

ITG plans to debut on Nasdaq

unverified·seeking-alpha

Coverage gaps

The specific price range ($19 to $22) and exchange (Nasdaq) for ITG's IPO

Reportedseeking-alpha

MissingYahoochannel-news-asia

The Story

Analyzing sources…

Source Diversity

High (56/100)

4 sources30/33

Spectrum spread— 3/5 buckets covered17/33

Far L

Left1

Left (1)

Yahoo

Center1

Center (1)

marketwatch

Right2

Right (2)

seeking-alphachannel-news-asia

Far R

Geographic diversity— 2 regions9/34

US3Singapore1

Sources

Showing 4 of 4 sources

marketwatchMostly Factual53d ago

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YahooMostly Factual53d ago

Coverage Timeline

First report: Yahoo · 22 Jun, 11:04|Full coverage: 4 · 10h|Window: 10h

Left-leaningCenterRight-leaning

Yahoo22 Jun, 11:04First to report