5 IPOs Are on Tap This Week

Energy, steelmaking, and a REIT will see renewed action


It’s been about a month since an IPO hit the market. But the slumber ends this week, with five offerings on tap.

Here’s a look at each:

What Carl Icahn Could Mean for Transocean
What Carl Icahn Could Mean for Transocean

CyrusOne (NASDAQ:CONE): This is a spinout of Cincinnati Bell‘s (NYSE:CBB) data-center business in the form of a real estate investment trust (REIT). It has roughly 500 customers, which include nine of the Fortune 20 and 108 of the Fortune 1000.

CyrusOne’s properties are located in five of the 10 largest cities in the U.S. The facilities have redundant power, advanced cooling systems and high-end security.

For the first nine months of 2012, revenues increased from $133.7 million to $162.8. Although during this time, operating income fell from $28 million to $13 million.

The company plans to issue 16.5 million shares at a range of $16 to $18. The lead underwriters include Morgan Stanley (NYSE: