Seeking Alpha

Paramount Group files for IPO

  • Paramount Group has filed to go public in what could be the second-largest U.S. real estate IPO after Hilton Worldwide's last year.
  • The company will likely be valued at up to $15B and raise approximately $2B.
  • Expecting to trade on the NYSE under the symbol PGRE, Paramount intends to structure itself as a REIT after the offering.
  • Previously: Paramount Group considering an IPO
Comments (1)
  • Philipsonh
    , contributor
    Comments (1287) | Send Message
     
    This news is available on numerous financial sites, yet there is nothing about it on their website. Perhaps you have to be a current investor to log in and read about the IPO. Only interested if the yield is decent, but I expect it will be a huge success, in any event.
    5 Sep 2014, 03:49 PM Reply Like
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