August 27, 2014 / 5:41 PM / 3 years ago

LendingClub files for IPO

Aug 27 (Reuters) - LendingClub Corp, the world’s largest online marketplace connecting borrowers and investors, filed with U.S. regulators for an initial public offering of common stock.

Morgan Stanley, Goldman Sachs & Co and Citigroup are the underwriters for the offering, the company said in a preliminary prospectus filed with the U.S Securities and Exchange Commission on Wednesday. (1.usa.gov/YXvvhV)

The company did not disclose the number of shares it planned to offer or their expected price. (Reporting By Sudarshan Varadhan; Editing by Simon Jennings)

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