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Invesco Agency Securities registers for IPO

By Associated Press
June 17, 2008 | Comments (0)

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Investment manager Invesco Ltd. said Monday it has registered with the Securities and Exchange Commission for an initial public offering of Invesco Agency Securities Inc., a real estate investment trust.

Invesco said the number of shares to be offered and the price range for the offering have not yet been determined.

Invesco Agency Securities is a newly formed Maryland company. According to the SEC filing, it plans to invest in mortgage-backed securities that are guaranteed by a U.S. government agency like Ginnie Mae, or a federally chartered corporation like Fannie Mae or Freddie Mac.

Invesco Agency Securities plans to list its shares on the New York Stock Exchange under the symbol "IVR."

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