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CatchMark Timber Trust prices IPO at $13.50, low end of the range

December 12, 2013
CTT

CatchMark Timber Trust, a REIT engaged in the ownership and management of timberlands in the US, raised $142 million by offering 10.5 million shares at $13.50, the low end of the range of $13.50 to $15.00. CatchMark Timber Trust plans to list on the NYSE under the symbol CTT. Raymond James, Baird and Stifel acted as lead managers on the deal.