Brixmor prices upsized IPO at $20 midpoint


Brixmor Property Group, which operates the largest wholly-owned portfolio of grocery-anchored shopping centers, raised $825 million in an upsized IPO by offering 41.25 million shares at $20, the midpoint of the range of $19 to $21. Brixmor Property Group plans to list on the NYSE under the symbol BRX. BofA Merrill Lynch, Citi, J.P. Morgan, Wells Fargo, Barclays, Deutsche Bank, RBC Capital Markets and UBS acted as lead managers on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: News Headlines , IPOs

Referenced Stocks: BRX

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