IPO News Archive

REIT Sutherland Asset Management postpones IPO

8/7/09


Sutherland Asset Management, a REIT formed by MD Sass to invest in highly rated non-Agency securities, postponed its IPO on Friday. The company had planned to raise $250 million by offering 16.7 million shares at $15 UBS Investment Bank and Keefe Bruyette Woods were set to be the lead underwriters on the deal.

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