America First Multifamily Investors LP announces underwriters' full exercise of over-allotment option

Tuesday, 18 Feb 2014 09:19am EST 

America First Multifamily Investors LP:Says that the underwriters of its previously announced underwritten public offering of shares representing assigned limited partnership interests have fully exercised their option to purchase an additional 1,200,000 shares at $5.95 per share.Says net proceeds to the company from the exercise of the option will be approximately $6,711,600 after the payment of underwriting discounts and commissions.Says the closing of the over-allotment option exercise is expected to occur on Feb. 20, subject to customary closing conditions.Says the company intends to utilize the net proceeds from the offering, including from the exercise of the option, to acquire additional mortgage revenue bonds and other investments meeting its investment criteria and for general working capital needs.Says Deutsche Bank Securities Inc. acted as the lead book-running manager for the offering and Oppenheimer & Co. acted as the co-book-running manager.Says BB&T Capital Markets, a division of BB&T Securities, LLC, served as the lead manager for the offering, and Aegis Capital Corp., National Securities Corporation and Loop Capital Markets LLC served as the co-managers. 

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