QTS Realty Trust prices IPO at $21, below the range


Shutterstock photo

QTS Realty Trust, a data center REIT operating 10 facilities across 7 states, raised $257 million by offering 12.3 million shares at $21, well below the range of $27 to $30. QTS Realty Trust plans to list on the NYSE under the symbol QTS. QTS Realty Trust initially filed confidentially on 5/31/2013. Goldman Sachs, Jefferies, BofAMerrill Lynch, Deutsche Bank, KeyBanc Capital Markets and Morgan Stanley acted as jointbookrunners 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

More from Renaissance Capital


Renaissance Capital

Renaissance Capital

Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by BankRate.com