** SmartStop Self-Storage REIT SMA.N is set to begin trading on the New York Stock Exchange under symbol “SMA” on Wednesday
** Ladera Ranch, California-based SMA late Tuesday sold 27 million shares at $30 apiece to raise $810 million
** IPO priced in the lower half of the marketed range of $28 to $35
** Founded in 2013, SMA is one of the largest self-storage companies in North America
** SMA had been in the IPO pipeline for a long time, having publicly filed for its NYSE listing in April 2022
** J.P. Morgan, Wells Fargo Securities, KeyBanc Capital Markets, BMO Capital Markets and Truist Securities were the joint book-running managers for the offering
** Proceeds will be used to repay debt, redeem preferred stock, and to fund growth
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。