IPO News Archive

Hudson Pacific prices IPO at $17.00, at low end of the range

6/23/10


Hudson Pacific Properties, which owns eight offices in California with tenants primarily in the Hollywood entertainment industry, raised $218 million by offering 12,800,000 shares at $17.00, the low end of the $17-$19 range. Hudson Pacific Properties plans to list on the NYSE under the symbol HPP. BofA Merrill Lynch, Barclays Capital, and Morgan Stanley acted as lead managers on the deal.

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