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William Lyon Homes announces pricing of secondary offering of 2,000,000 shares of class A common stock

Wednesday, 26 Mar 2014 07:50pm EDT 

William Lyon Homes:Announced the pricing of a registered public offering by entities affiliated with Luxor Capital Group, LP of 2,000,000 shares of the company's Class A Common Stock at a price to the public of $27.25 per share.In connection with the offering, Luxor has granted the underwriters a 30-day option to purchase up to an additional 300,000 shares of Class A Common Stock.The offering is subject to customary closing conditions and is expected to close on April 1, 2014.The company is not selling any shares in this offering or receiving any portion of the proceeds from this offering.J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC are acting as joint book-running managers for the offering.Moelis & Company LLC and Comerica Securities, Inc. are acting as co-managers for the offering. 

Company Quote

0.55 +2.92%
22 Dec 2014