Inland Western Retail Real Estate Trust is seeking to raise around $350 million through an initial public offering (IPO) of common stock, Reuters reports. The U.S. real estate company is planning to list its common stock on the New York Stock Exchange.
The Illinois-based company did not disclose how many shares it is planning to sell or their expected price. Inland Western has appointed Citi, Deutsche Bank Securities, JP Morgan and KeyBanc Capital Markets as underwriters for the offering.
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