June 27, 2014 / 6:11 AM / in 4 years

Merlin Properties sets initial IPO size at 1.25 billion euros

MADRID, June 27 (Reuters) - Spanish real estate investment trust Merlin Properties on Friday said it had set the indicative size of its planned initial public offering at 1.25 billion euros ($1.70 billion).

In a notice to Spain’s stock market regulator, it also said the greenshoe would be worth an additional 80 million euros.

$1 = 0.7359 Euros Reporting by Julien Toyer; Editing by Paul Day

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