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BioMed Realty Trust, Inc.
BioMed Realty Trust Prices Public Offering of 5,700,000 Shares of Common Stock
May 3rd, 2008
BioMed Realty Trust, Inc. (NYSE:BMR) announced the pricing of its public offering of 5,700,000 shares of common stock at $25.50 per share. The offering is expected to close on or about April 22, 2008. Gross proceeds from the offering will be approximately $145.4 million. BioMed expects to use the net proceeds of the offering to repay a portion of the outstanding indebtedness under its $600.0 million unsecured line of credit and for other general corporate and working capital purposes. All of the shares are being sold by the company. The underwriters for the offering are Raymond James & Associates, Inc., Morgan Stanley & Co. Incorporated, Wachovia Capital Markets, LLC,...
Source: Law & Health Weekly (2008-05-03)
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