Farmland Partners intends to price initial public sale of common stock

Baird, BMO Capital Markets, Janney Montgomery Scott assist with sale

By Devika Patel

Knoxville, Tenn., Jan. 10 - Farmland Partners Inc. plans to price an initial public offering of its common stock with a 30-day greenshoe, according to a Form S-11 filed Friday with the Securities and Exchange Commission.

Baird, BMO Capital Markets and Janney Montgomery Scott are the joint bookrunning managers.

Proceeds will be used for general corporate purposes, including working capital, potential acquisitions and distributions.

The real estate investment trust is based in Westminster, Colo. It intends to list its common stock on the NYSE exchange under the symbol "FPI."

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