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