After a slow start to 2016, capital markets in the U.S. are finally warming up with a bevy of high-profile public listings.
On Tuesday, Las Vegas-based real estate investment trust MGM Growth Properties LLC is poised to raise roughly $1.2 billion in what should be the largest initial public offering so far this year. MGM Growth is backed by gaming and hospitality giant MGM Resorts International Inc., which last fall disclosed plans to shed $4 billion in debt by forming a REIT with 10 properties, including seven Sin City casinos.
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