Street research for Retail Properties of America expected on May 15

By Renaissance Capital,

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Street research for Retail Properties of America, the third largest shopping center REIT in the US with 259 retail properties, is expected to be released on 5/15/12. On 4/4/12, the company raised $254.4 million by offering 31,800,000 shares at $8.00, below the range of $10.00 to $12.00. J.P. Morgan, Citi, Deutsche Bank and KeyBanc Capital Markets acted as 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: Investing IPOs
Referenced Stocks: RPAI

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