Kansas City based real estate company company to raise $350 in IPO of common stock

US Federal Properties Trust Inc filed with U.S. regulators on Thursday to raise up to $350 million in an initial public offering of common stock.

The Kansas City, Missouri-based company told the U.S Securities and Exchange Commission in a preliminary prospectus that Deutsche Bank Securities Inc and UBS Securities LLC were underwriting the IPO.

The filing did not reveal how many shares the company planned to sell or their expected price.

The internally managed real estate company intends to list its common stock on the New York Stock Exchange under the symbol 'USFP'. (Reporting by Sweta Singh in Bangalore; Editing by Aradhana Aravindan)"

UPDATE 1-US Federal Properties files for $350 mln IPO

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Blog post written by the Dowell Taggart Team of RE/MAX Best Associates

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