Business

Initial public offerings scheduled next week

Posted March 30, 2012 7:41 pm

NEW YORK — The following is a list of initial public offerings planned for the coming week April 2

Ÿ Retail Properties of America Inc. — Oak Brook, Ill., 31.8 million shares, priced $10 to $12, managed by J.P. Morgan, Citigroup, and Deutsche Bank. Proposed NYSE symbol RPAI. Business: Third largest shopping center REIT in the U.S., with properties across 35 states.

Ÿ Enerkem Inc. — Montreal, Canada, 7.3 million shares, priced $17 to $19, managed by Goldman Sachs, Credit Suisse, and BMO Capital Markets. Proposed Nasdaq symbol NRKM. Business: Has developed a platform that converts municipal waste into cellulosic ethanol.

Ÿ Erickson Air-Crane Inc. — Portland, Ore., 5.4 million shares, priced $13 to $15, managed by Stifel Nicolaus Weisel. Proposed Nasdaq symbol EAC. Business: Provides aerial firefighting and timber harvesting service on heavy lift helicopters. The company previously postponed its deal in February.

Sources include Renaissance Capital, Greenwich, Conn. and SEC filings.

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