Online lender OnDeck Capital's shares soar in debut | Business Information & News | Westlaw

Online lender OnDeck Capital's shares soar in debut | Business Information & News | Westlaw

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12/17/14 REUTERS 17:37:00
REUTERS
Copyright © 2014 Thomson Reuters
December 17, 2014
Online lender OnDeck Capital's shares soar in debut
Neha Dimri
(Reuters) - Shares of OnDeck Capital Inc, an online lender to small businesses, rose as much as 39 percent in their debut, valuing the company at about $1.84 billion.
The company's successful debut follows that of online loan marketplace LendingClub...
---- Index References ----
Company: MARSH AND MCLENNAN COMPANIES INC; INSTITUTIONAL VENTURE PARTNERS; SENECA FOODS CORP; LENDINGCLUB CORP; DEUTSCHE BANK SECURITIES INC; First Round; GOOGLE VENTURES; MERRILL LYNCH AND CO INC; TIGER GLOBAL PRIVATE INVESTMENT PARTNERS III LP; SAP VENTURES LLC; JP MORGAN SECURITIES LLC; MORGAN STANLEY
News Subject: (Stock Offerings (1ST44); Equity Instruments (1EQ90); Corporate Funding (1XO17); Stock Markets (1ST45); Initial Public Offerings (IPOs) (1IN65); Business Management (1BU42); Funding Instruments (1FU41); Financial Markets (1FI87); Small Business (1SM15))
Industry: (Loans (1LO12); Retail Banking Services (1RE38); Financial Services (1FI37); Banking (1BA20); Securities Investment (1SE57); Investment Management (1IN34))
Region: (North America (1NO39); Americas (1AM92); New York (1NE72); USA (1US73); U.S. Mid-Atlantic Region (1MI18))
Language: EN
Other Indexing: (Fenner & Smith; OnDeck Capital Inc) (Jay Ritter; Oliver Wyman; Shannon Stapleton)
Keywords: securities; capmarket; SecOfferings (MCC:OEC); (N2:US); (N2:AMERS); (N2:USA); (MCCL:OEC)
Word Count: 348
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