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BofA Merrill Lynch, Citigroup and BMO Capital Markets Serve as Joint Book-Running Managers for Sun Communities Public Offering of Common Stock

November 06, 2015

NEW YORK— Paul Hastings LLP, a leading global law firm, announced today that the firm represented BofA Merrill Lynch, Citigroup and BMO Capital Markets as joint book-running managers for Sun Communities, Inc.’s (NYSE: SUI) follow-on public offering of common stock. 

Sun Communities, Inc., a real estate investment trust that owns, operates and develops manufactured housing and recreational vehicle communities, sold a total of 3,737,500 shares of common stock priced at $65.00 per share (including the full exercise of the underwriters’ option to purchase additional shares). The transaction raised gross proceeds of approximately $243 million. 

Co-managers in the offering included RBC Capital Markets, Baird, Fifth Third Securities, BTIG, PNC Capital Markets LLC, Ramirez & Co., Inc. and Comerica Securities.

Securities & Capital Markets partner 

 led the Paul Hastings team, which also included associates  and .  The Paul Hastings team has also represented the joint book runners in multiple prior public offerings for Sun Communities, Inc. 

Paul Hastings LLP is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.

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