American Realty Capital Properties Inc Announces Pricing Of Upsized Public Offering Of Common Stock

American Realty Capital Properties Inc announced that it has priced an underwritten public offering of 1,800,000 shares of common stock at a public offering price of $13.47 per share. The Company also granted the underwriters a 30-day option to purchase up to an aggregate of 270,000 additional shares of common stock to cover any over-allotments, if any. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc., is serving as sole book running manager for the offering. Aegis Capital Corp., Maxim Group LLC and National Securities Corporation, a wholly owned subsidiary of National Holdings, Inc., are serving as co-managers. The Company expects to use the net proceeds of this offering to purchase pipeline properties and for other general corporate purposes.