April 13 (Reuters) – National Healthcare Properties said on Monday it was aiming to raise as much as $616 million in its initial public offering in the United States.
The New York-based real estate investment trust is marketing 38.5 million shares priced between $13 and $16 apiece.
Wells Fargo Securities, Morgan Stanley and BMO Capital Markets are the lead book-running managers for the offering.
National Healthcare Properties will list on the Nasdaq under the symbol “NHP”.
(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shinjini Ganguli)
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