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CyrusOne Inc announces public offering of common stock

Tuesday, 17 Jun 2014 04:18pm EDT 

CyrusOne Inc:Commences public offering of 12,500,000 shares of its common stock.Underwriters will be granted an option to purchase up to 1,875,000 additional shares of common stock from CyrusOne at the public offering price, less underwriting discounts.Citigroup, BofA Merrill Lynch, Barclays, Deutsche Bank Securities and Morgan Stanley are acting as joint-bookrunners for the offering.Cantor Fitzgerald & Co., Evercore, KeyBanc Capital Markets, Stephens Inc. and UBS Investment Bank are acting as co-managers for the offering.Expects to use the net proceeds of the offering to acquire 12,500,000 common units of limited partnership interests in CyrusOne's operating partnership, CyrusOne LP, from a subsidiary of Cincinnati Bell Inc. 

Company Quote

0.39 +1.42%
26 Dec 2014