CORRECTED-Blank check co BHG Acquisition files for $350 mln IPO
(Corrects Robbins employment status with KKR)
WASHINGTON, March 12 (Reuters) - Blank check company BHG Acquisition Corp on Wednesday said it is planning an initial public offering of as much as $350 million in units.
The Greenwich, Connecticut-based firm plans to offer 35 million units for $10 per unit and has granted the underwriters another 5.25 million units to cover over-allotments, according to a Securities and Exchange Commission filing.
Credit Suisse and Deutsche Bank Securities will underwrite the IPO. The company is seeking an American Stock Exchange listing.
Its chairman is Clifton Robbins, who was general partner of Kohlberg Kravis Roberts & Co [KKR.UL] for five years of his 13 years with the firm, the company said in the SEC filing. (Reporting by John Poirier)
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