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CyrusOne prices IPO at $19, above the range

1/17/2013 7:22:00 PM
By: Renaissance Capital
Referenced Stocks:CONE

CyrusOne, a data center REIT carve-out from Cincinnati Bell, raised $314 million by offering 16.5 million shares at $19, above the range of $16 to $18. CyrusOne plans to list on the NASDAQ under the symbol CONE. Morgan Stanley, BofA Merrill Lynch, Deutsche Bank and Barclays acted as lead managers on the deal.