New York, NY (November 14, 2012) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Citigroup and BofA Merrill Lynch as joint book-running managers for Sun Communities, Inc.s (NYSE: SUI) public offering of 7.125% Series A Cumulative Redeemable Preferred Stock.
Sun Communities, Inc., a real estate investment trust that owns, operates and develops manufactured housing and recreational vehicle communities, sold a total of 3,400,000 shares of 7.125% Series A Cumulative Redeemable Preferred Stock. The transaction raised gross proceeds of $85,000,000.
BMO Capital Markets and Janney Montgomery Scott served as co-managers in the offering.
Securities & Capital Markets partner Michael L. Zuppone
and senior associate Yariv Katz
led the Paul Hastings team, which also included associates Keith Gartner
, Gonzalo Gutierrez
and Melissa Fishkin
The Paul Hastings team has also represented Citigroup and BofA Merrill Lynch in prior follow-on
for Sun Communities, Inc. Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.