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Broadstone Net Lease confirms IPO plan for 2020

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Broadstone Net Lease confirms IPO plan for 2020

Broadstone Net Lease Inc. aims to conduct an IPO of an undisclosed number of its common shares in 2020, subject to market conditions and other factors.

The real estate company was recently said to be eyeing approximately $600 million in an IPO and to have tapped Goldman Sachs Group Inc. and JPMorgan Chase & Co. for the potential listing in early 2020.