City Office REIT prices IPO at $12.50, below the range

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City Office REIT, a REIT formed to acquire and operate office properties in the US, raised $73 million by offering 5.8 million shares at $12.50, below the range of $14.00 to $16.00. City Office REIT plans to list on the NYSE under the symbol CIO. City Office REIT initially filed confidentially on 12/6/2013. Janney Montgomery Scott, Wunderlich Securities and Oppenheimer & Co. 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: CIO

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