Healthcare REIT Physicians Realty Trust sets terms for $100 million IPO

By Renaissance Capital,

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Physicians Realty Trust, a recently organized REIT focused on acquiring, developing and managing healthcare properties, announced terms for its IPO on Wednesday. The Milwaukee, WI-based company plans to raise $100 million by offering 8 million shares at a price range of $11.50 to $13.50. At the midpoint of the proposed range, Physicians Realty Trust would command a market value of $137 million.

Physicians Realty Trust, which was founded in 2013, plans to list on the NYSE under the symbol DOC. Wunderlich Securities, Oppenheimer, Janney Montgomery Scott, JMP Securities and BB&T Capital Markets are the joint bookrunners on the deal.

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

This article appears in: News Headlines IPOs
Referenced Stocks: DOC

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