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Sunstone Hotel Investors Inc Announces Public Offering of 20,000,000 Shares of Common Stock


Monday, 28 Oct 2013 04:17pm EDT 

Sunstone Hotel Investors Inc announced that it intends to issue 20,000,000 shares of its common stock in an underwritten public offering. The underwriter may offer shares of common stock in transactions on the NYSE, in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices. The underwriter will be granted a 30-day option to purchase up to an additional 3,000,000 shares of common stock. The offering is expected to close on November 1, 2013. BofA Merrill Lynch is serving as the sole book-running manager for the offering. A copy of the prospectus supplement and prospectus relating to these securities may be obtained, when available, by contacting BofA Merrill Lynch, 222 Broadway, 

Company Quote

14.9
-0.01 -0.07%
24 Oct 2014