UPDATE 1-STAG Industrial files for $300 mln IPO
July 29 |
July 29 (Reuters) - Real estate company STAG Industrial Inc filed with U.S. regulators on Thursday to raise up to $300 million in an initial public offering of common stock.
The filing did not say how many shares the company plan to sell or their expected price per share.
The company intends to list its common shares on the New York Stock Exchange under the symbol "STIR."
The Boston-based company told the U.S. Securities and Exchange Commission in a preliminary prospectus that BofA Merrill Lynch and J.P. Morgan Securities are underwriting the IPO. (Reporting by Suzannah Benjamin in Bangalore; Editing by Gopakumar Warrier)
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