SL Green Realty (SLG) Corp. announced the commencement of an underwritten public offering of $400M of shares of its common stock. The company intends to use net proceeds from the offering for general corporate purposes, which may include new debt and equity investment opportunities and the repayment of a portion of its outstanding indebtedness. Wells Fargo Securities, J.P. Morgan, TD Securities, BMO Capital Markets, and Deutsche Bank Securities are serving as joint bookrunning managers for the offering.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLG:
- SL Green Realty files automatic mixed securities shelf
- SL Green Realty signs 72,500 square foot lease with Verition Group
- SL Green Realty price target raised to $80 from $68 at Scotiabank
- SL Green Realty price target raised to $78 from $66 at Barclays
- SL Green Realty price target raised to $87 from $72 at BMO Capital
Questions or Comments about the article? Write to editor@tipranks.com