Markit Group Ltd., the London-based financial data provider, on Monday registered with the SEC for a proposed secondary initial public offering of its common shares.
The F-1 filing did not indicate how much the services provider was looking to raise through the IPO.
Bank of America Merrill Lynch, Barclays, Citigroup, Credit Suisse, Deutsche Bank Securities, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, UBS Investment Bank, BNP Paribas, Jefferies, RBC Capital Markets and TD Securities would be joint book-runners for the proposed offering, according to the filing.
The company's market capitalization was $2.63 billion as of Dec. 31, according to the filing. Temasek Holdings, Singapore's US$172 billion sovereign wealth fund, holds a 10% stake in Markit.
Ed Canaday, Markit spokesman, said company officials would not comment.
