Shurgard narrows IPO price range, covered throughout

Shurgard Self Storage, a European operator of self-storage facilities, has revised the price range for its €575m IPO on Euronext Brussels and is covered throughout the new range, despite a difficult market where several deals have been pulled and others have traded down in the aftermarket.

  • By Aidan Gregory
  • 10 Oct 2018

BNP ParibasJP Morgan and Société Générale are global coordinators, HSBC and Kempen & Co are bookrunners.

The range has been narrowed to €23-€24, the bottom end of the €23-€28 initial range. The IPO is covered throughout the revised range.

“It is a very

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