Timberlands REIT CatchMark Timber Trust files for a $173 million IPO

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CatchMark Timber Trust, a REIT engaged in the ownership and management of timberlands in the US, filed on Monday with the SEC to raise up to $173 million in an initial public offering. The Norcross, GA-based company, which was founded in 2005 and booked $35 million in sales for the 12 months ended June 30, 2013, plans to list on the NYSE under the symbol CTT. Raymond James is the sole bookrunner on the deal. No pricing terms were disclosed.



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Referenced Stocks: CTT

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