IPO Company Profile
Current Quote | News | SEC Filings | Peer IPO Companies
Philips International Realty Corp.
417 Fifth Avenue, New York, NY 10016 * (212) 545-1100

The company is a real estate investment trust, (REIT). The company was formed to continue and expand the shopping center business of certain affiliated companies owned or controlled by Philip Pilevsky.

Primary Underwriting Group
ManagerTierPhone
Prudential Securities IncorporatedLead Manager (212) 778-5420
Raymond James & Associates, Inc.Co-manager (813) 573-8108

Offering Information
NYSE:PHR Financial: SIC 6798
Type of Shares:Common Shares Filing Date:3/13/98
U.S. Shares:7,200,000 Offer Date:5/7/98
Non-U.S. Shares:0 Filing Range:$19.00 - $21.00
Primary Shares:7,200,000 Offer Price:$17.50
Secondary Shares:0 Gross Spread:$1.09
Offering Amount: $144,000,000 Selling:$0.63
Expenses:$4,300,000 Reallowance:$0.10
Post-IPO Shares: -

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Pryor, Cashman, Sherman & Flynn
Bank's Law Firm: Kaye, Scholer, Fierman, Hays & Handler
Registrar/Transfer Agent: BankBoston
Auditor: Ernst & Young

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/97 12/31/97
Revenue:$32.75Assets:$5.54
Net Income:$7.35Curr Assets:
EPS:$1.00Liabilities:$3.34
Prior EPS:Curr Liab:
Cash Flow/Oper:Equity:$2.20
Cash Flow/Fin:Cash:
Cash Flow/Inv:

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

©1998 IPO Data Systems, Inc. - All rights reserved.