America First will conduct public offering of 6 million common shares

Deutsche Bank, Oppenheimer, BB&T, Aegis and National Securities assist

By Devika Patel

Knoxville, Tenn., Nov. 25 - America First Multifamily Investors LP said it will sell 6 million common shares in a public offering with a greenshoe option of 750,000 additional shares.

Deutsche Bank Securities Inc. is the lead bookrunning manager and Oppenheimer & Co. will be the co-bookrunning manager. BB&T Capital Markets will be the lead manager and Aegis Capital Corp. and National Securities Corp. will be the co-managers.

Proceeds will be used to acquire additional mortgage revenue bonds and other investments and for general working capital needs.

The Omaha company manages a portfolio of federally tax-exempt mortgage revenue bonds, which have been issued to provide construction and/or permanent financing of multifamily residential apartments.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.