Industrial REIT, Fracking Co. Launch IPOs Totaling $751M

By Tom Zanki (January 3, 2018, 8:13 PM EST) -- An industrial-focused real estate investment trust and a private equity-backed fracking company on Tuesday launched initial public offerings expected to raise about $751 million and set to price next week, potentially representing the year's first IPOs.

Industrial Logistics Properties Trust told regulators that it plans to issue 20 million shares, priced between $28 and $31 each. If shares price at midpoint, the company would raise $590 million.

Liberty Oilfield Services Inc., which originally filed an IPO last February but never priced its offering, told regulators that it plans to offer 10.7 million shares priced between $14 and $16 apiece. The company...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!