Agellan REIT Unchanged in Debut After C$134.6 Million IPO
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Agellan Commercial Real Estate Investment Trust was unchanged in its Toronto trading debut after raising C$134.6 million ($133.8 million) in its initial public offering.
Agellan units closed at C$10 each at 4 p.m. on the Toronto Stock Exchange. The REIT last week sold 13.5 million units that yielded 7.75 percent for C$10 each in its initial offering, the first Canadian IPO of the year.