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NorthStar Realty Finance Announces Pricing of Public Offering of 35 Million Shares of Common Stock at $9.60

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NorthStar Realty Finance Corp. (NYSE: NRF) (the "Company") announced today that it has priced an underwritten public offering of 35 million shares of common stock at a public offering price of $9.60 per share. The Company has granted the underwriters a 30-day option to purchase up to 5.25 million additional shares of common stock. The offering is expected to close on August 9, 2013.

Deutsche Bank Securities, UBS Investment Bank and J.P. Morgan are acting as the joint book-running managers of the offering and FBR and JMP Securities are acting as the co-managers of the offering.

The Company intends to use the net proceeds of the offering to make investments relating to its business, to repurchase or pay its liabilities and for general corporate purposes.

A registration statement relating to the offered securities has been declared effective by the Securities and Exchange Commission ("SEC"). The offering is being made only by means of a prospectus supplement and accompanying base prospectus. Copies of the final prospectus supplement and the related prospectus for the proposed offering, when available, may be obtained by contacting: Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, by calling (800) 503-4611, or by emailing prospectus.cpdg@db.com; or by contacting UBS Securities LLC, Attention: Prospectus Department, 299 Park Avenue, New York, NY 10171 or by calling (888) 827-7275; or by contacting J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, or by calling 866-803-9204.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy the shares, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

About NorthStar Realty Finance Corp.

NorthStar Realty Finance Corp. is a diversified commercial real estate investment and asset management company that is organized as an internally managed REIT.

 

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