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

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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.

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This article appears in: News Headlines , IPOs


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