Liberty Mutual Agency Corp. expects to raise about $1.2 billion through an initial public offering, according to a filing with the U.S. Securities and Exchange Commission.

The stock will be traded under the NASDAQ symbol LMAC.

LMAC–a unit of Boston-based Liberty Mutual Group–said it would offer 64.3 million shares for between $18 and $20 per share. If demand is great, up to six million more shares could be offered.

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