Homebuilder Woodside Homes files for IPO

Reuters

Homebuilder Woodside Homes Inc filed with U.S. regulators on Wednesday for an initial public offering of its common stock.

The North Salt Lake City, Utah-based company said Credit Suisse, JP Morgan and Deutsche Bank were among the underwriters to the offering.

Woodside Homes develops and sells single-family homes across seven primary markets in Arizona, California, Nevada, Texas and Utah.

The company set an initial target of up to $200 million for the IPO, but it did not say how many shares it planned to sell or their expected price.

Woodside Homes’ stakeholders include private equity firm Oaktree Capital Management LP, John Hancock Life Insurance Co and Stonehill Institutional Partners. Continued

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June 26, 2014

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