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Aviv REIT Inc announces pricing of public offering of common stock

Wednesday, 9 Apr 2014 07:34pm EDT 

Aviv REIT Inc:Announces pricing of underwritten public offering of 8,000,000 shares of common stock at a public offering price of $24.10 per share.The underwriters have a 30-day option to purchase up to an additional 1,200,000 shares of common stock.Offering is expected to close on April 15, 2014.Company intends to use net proceeds to repay certain indebtedness and for general corporate purposes.Morgan Stanley, BofA Merrill Lynch, Goldman, Sachs & Co., Citigroup, RBC Capital Markets and SunTrust Robinson Humphrey are acting as joint book running managers.Credit Agricole CIB and RBS are acting as co-managers. 

Company Quote

0.26 +0.95%
16 Sep 2014