Market Overview

Senior Housing Properties Trust Says Underwriters Exercised Overallotment Option

Related SNH
5 Unique REITs Yielding Over 8% - Trick or Treat?
Industry Giant ARCP Sells Entire CCIT Portfolio To Select Income REIT for ~$3 Billion

Senior Housing Properties Trust (NYSE: SNH) today announced that the underwriters of its public offering have exercised, in full, their option to purchase an additional 1,500,000 common shares. The sale of the additional common shares and the sale of the original public offering of 10,000,000 common shares are expected to close on Monday, January 28, 2013.

The joint bookrunning managers for this offering are Jefferies, Citigroup and Wells Fargo Securities. The joint lead managers are BofA Merrill Lynch, Morgan Stanley, RBC Capital Markets and UBS Investment Bank. The co-managers are BB&T Capital Markets, Janney Montgomery Scott, JMP Securities and Oppenheimer & Co.

Posted-In: News Offerings

 

Related Articles (SNH)

Around the Web, We're Loving...

Get Benzinga's Newsletters