Newton real estate investment trust CommonWealth REIT has closed its 11.5 million common share offering including the underwriters’ full over-allotment option to purchase an additional 1.5 million common shares.

The joint bookrunning managers for the offering were Citi, Morgan Stanley and Wells Fargo Securities. The co-lead managers for this offering were BofA Merrill Lynch, Jefferies & Co. Inc., RBC Capital Markets and UBS Investment Bank. The co-managers for the offering were BB&T Capital Markets, Janney Montgomery Scott, JMP Securities and Oppenheimer & Co.

CommonWealth REIT Closes 11.5M Common Share Offering

by Banker & Tradesman time to read: <1 min
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