The initial public offering market is expected to crank into gear in the next two weeks, with at least two billion-dollar deals on the slate, including a well-known consumer name that may be viewed as a safe bet in a nervous market…

Reynolds Consumer (REYN), the maker of Reynolds Wrap and Hefty bags, will kick things off this week with plans to raise up to $1.32 billion by selling 47.2 million shares priced at $25 to $28 each. That would give the company a valuation of $4.7 billion.

“It’s a household brand, it has strong cash flow and it’s planning to pay a dividend, and that will be attractive for investors,” said Kathleen Smith, Principal at Renaissance Capital, a provider of institutional research and IPO exchange-traded funds. “It’s a strong consumer name, which is another good thing in a jittery market.”

Next week is expected to see the market debut of PPD PPD, +0.00%, a Carlyle-backed provider of drug development services. PPD is expected to raise up to $1.62 billion by selling 60 million shares priced at $24 to $27 each. With 339.4 million shares expected to be outstanding after the IPO, the company would have a valuation of up to $9.2 billion.

The market may also breathe a sigh of relief after Casper Sleep CSPR, +0.00% seemed to scale back aggressive ambitions for its IPO, setting terms at a valuation that no longer makes it a unicorn, the Silicon Valley term for companies valued at $1 billion or more. The New York-based company, that popularized the bed-in-a-box trend, was reported to be determined to achieve that valuation, even though it has never made a profit and is showing slower growth than peers.

In a filing with the Securities and Exchange Commission, Casper said it will offer 8.4 million shares priced at $17 to $19 each, to raise $159.6 million at the top end of the range. With 39 million shares outstanding expected once the IPO is complete, the company would have a valuation of $741 million, well below the $1.1 billion it garnered in its last private funding round.

“That’s good news,” said Smith. “At least it’s…

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