E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/29/2014 in the Prospect News PIPE Daily.

Bluerock Residential Growth to sell 2,639,517 shares in public offer

Class A common shares sold by bookrunner Wunderlich Securities

By Devika Patel

Knoxville, Tenn., Sept. 29 – Bluerock Residential Growth REIT, Inc. will sell 2,639,517 class A common shares in its public offering with a 30-day greenshoe of 395,927 additional shares, according to a Form S-11/A filed Monday with the Securities and Exchange Commission. The deal was announced Sept. 16.

Wunderlich Securities is the bookrunning manager. BB&T Capital Markets, Compass Point, D.A. Davidson & Co., Janney Montgomery Scott LLC and Oppenheimer & Co. are the co-lead managers, and Boenning & Scattergood, Inc. and National Securities Corp. are the co-managers.

Proceeds will be used for acquisitions and other general corporate and working capital purposes.

The real estate investment trust is based in New York.


© 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.