MGM Growth Properties LLC Announces Pricing of Initial Public Offering

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MGM Growth Properties (MGP) IPO Opens Up 8%

April 20, 2016 9:52 AM EDT

Today's IPO for MGM Growth Properties (NYSE: MGP) opened for trading at $22.75 after pricing 50,000,000 Class A common shares at $21.

BofA Merrill Lynch, J.P. Morgan, Morgan Stanley and Evercore ISI are acting as joint lead book-running managers in the proposed offering by MGP. Barclays,... More