HRPT Properties Trust Announces Underwriters’ Exercise of Overallotment Option
23 Março 2010 - 5:05PM
Business Wire
HRPT Properties Trust (NYSE: HRP) today announced that the
underwriters of its previously announced public offering have
exercised, in full, their overallotment option to purchase an
additional 4,500,000 common shares of beneficial interest. The sale
of these shares will result in HRP raising additional net proceeds,
after the underwriting discount, of approximately $31.2 million.
The closing of the overallotment option is expected to occur on
March 24, 2010.
This offering is being conducted pursuant to an effective
registration statement previously filed with the Securities and
Exchange Commission. This press release shall not constitute an
offer to sell, nor a solicitation of an offer to buy, shares, nor
shall there be any sale of these securities in any state or
jurisdiction in which the offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of such state or jurisdiction.
Morgan Stanley, Citi and Wells Fargo Securities acted as joint
book-running managers for this offering. Jefferies & Company,
Morgan Keegan & Company, Inc., RBC Capital Markets and UBS
Investment Bank acted as co-lead managers. Janney Montgomery Scott
and Oppenheimer & Co. acted as co-managers. Copies of the
prospectus supplement and related prospectus may be obtained from
the offices of Morgan Stanley & Co. Incorporated, 180 Varick
St., 2nd Floor, New York, New York, 10014, Attention: Prospectus
Department or by email at prospectus@morganstanley.com, from the
offices of Citigroup Global Markets Inc., Attn: Prospectus
Department, Brooklyn Army Terminal, 140 58th Street, 8th Floor,
Brooklyn, NY 11220, telephone (800) 831-9146, or from the offices
of Wells Fargo Securities, LLC, Attn: Equity Syndicate Department,
375 Park Avenue, New York, N.Y., 10152 (e-mail:
equity.syndicate@wachovia.com or telephone: 800-326-5897) or by
contacting any of the other co-lead managers or co-managers listed
above.
WARNING REGARDING FORWARD
LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN
THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
AND OTHER FEDERAL SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS
ARE BASED UPON HRP’S PRESENT EXPECTATIONS, BUT THESE STATEMENTS ARE
NOT GUARANTEED TO OCCUR. FOR EXAMPLE: THE FACT THAT THE
UNDERWRITERS HAVE EXERCISED THEIR OPTION TO PURCHASE 4,500,000
SHARES MAY IMPLY THAT THE CLOSING OF THIS SALE OF SHARES WILL
OCCUR; BUT THE CLOSING IS SUBJECT TO CONDITIONS CUSTOMARY IN
TRANSACTIONS OF THIS TYPE AND MAY BE DELAYED OR MAY NOT OCCUR AT
ALL. INVESTORS SHOULD NOT PLACE UNDUE RELIANCE UPON FORWARD LOOKING
STATEMENTS.
Hrpt Properties (NYSE:HRP)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Hrpt Properties (NYSE:HRP)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024