March 16 (Reuters) - Janus Living is aiming to raise as
much as $740 million in its initial public offering in the
United States, the senior housing real estate investment trust
said on Monday.
The Denver, Colorado-based company, which is being carved
out from healthcare REIT Healthpeak Properties, is
offering 37 million shares priced between $18 and $20 apiece.
U.S. IPO activity has slowed to a crawl in recent weeks as
market turbulence from the ongoing Middle East conflict
continues to rattle investors and keep corporate issuers on the
sidelines.
BofA Securities and J.P.Morgan are the lead book-running
managers for the offering. Janus Living will list on the New
York Stock Exchange under the ticker symbol "JAN".