Paramount Group, a REIT owning 12 premier office buildings in New York, Washington, DC and San Francisco, announced terms for its IPO on Thursday. The New York, NY-based company plans to raise $2.3 billion by offering 131 million shares at a price range of $16...read more
Twitter entered the final stages of its long-awaited offering, setting up what will likely be a pre-Thanksgiving debut, and sandwich shop chain Potbelly posted the second-best first-day return of the year in an eventful week for US IPOs. Consumer retailer...read more
Empire State Realty Trust, which operates 18 commercial properties in midtown Manhattan and greater New York, raised $930 million by offering 71.5 million shares at $13, the low end of the range of $13 to $15. At $13, Empire State Realty's initial dividend of $0...read more
Own a New York skyscraper: Paramount Group set to raise $2.3 billion in largest REIT IPO ever
Paramount Group, a REIT owning 12 premier office buildings in New York, Washington, DC and San Francisco, announced terms for its IPO on Thursday. The New York, NY-based company plans to raise $2.3 billion by offering 131 million shares at a price range of $16...read more
US IPO Recap: Twitter starts countdown to November offering, Potbelly pops
Twitter entered the final stages of its long-awaited offering, setting up what will likely be a pre-Thanksgiving debut, and sandwich shop chain Potbelly posted the second-best first-day return of the year in an eventful week for US IPOs. Consumer retailer...read more
Empire State Realty Trust prices IPO at $13, the low end of the range
Empire State Realty Trust, which operates 18 commercial properties in midtown Manhattan and greater New York, raised $930 million by offering 71.5 million shares at $13, the low end of the range of $13 to $15. At $13, Empire State Realty's initial dividend of $0...read more
9 US IPOs planned for the week of Sep 30
The following IPOs are expected to price this week: Burlington Stores (BURL), a national off-price retailer operating the Burlington Coat Factory Chain, plans to raise...read more