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Hospitality Properties Trust Announces Underwriters’ Exercise Of Option To Purchase Additional Shares


Wednesday, 20 Mar 2013 08:00am EDT 

Hospitality Properties Trust announced that the underwriters of its public offering have exercised, in full, their option to purchase an additional 2,100,000 common shares. The sale of the additional common shares and the sale of the original public offering of 14,000,000 common shares are expected to close on March 22, 2013. The joint bookrunning managers for the common share offering are Morgan Stanley, BofA Merrill Lynch and Wells Fargo Securities. The joint co-lead managers are Citigroup, Jefferies, RBC Capital Markets and UBS Investment Bank. The co-managers are BB&T Capital Markets, Janney Montgomery Scott, JMP Securities, MLV & Co., Inc. and Oppenheimer & Co. Inc. 

Company Quote

28.44
-0.22 -0.77%
4:02pm EDT