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Government Properties Income Trust Sells 1.2M Common Shares

Aug 11, 2010 | Reprints | Unlock Link | Print

Newton-based Government Properties Income Trust said the underwriters of its recent equity offering have exercised their over-allotment option in full to buy 1.2 million additional common shares of beneficial interest.

The sale of the additional shares and the original public offering of 8 million common share are expected to close today.

The joint book-running managers for this offering are Morgan Stanley, RBC Capital Markets and Wells Fargo Securities, while the co-lead managers are Citi, Jefferies & Co., Morgan Keegan & Co., and UBS Investment Bank. The co-managers are BB&T Capital Markets, Janney Montgomery Scott and Oppenheimer & Co.

Executive Briefing