Paul Hastings Represents Citigroup and BofA Merrill Lynch as Joint Book Runners in Sun Communities, Inc. Follow-On Public Offering
January 17, 2012
New York, NY (January 17, 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) follow-on public offering.
Sun Communities, Inc., a real estate investment trust that owns, operates and develops manufactured housing communities, sold a total of 4,600,000 shares of common stock priced at $35.50 per share. The transaction raised gross proceeds of $163,300,000.
Co-managers in the offering included BMO Capital Markets, Gleacher & Company, Comerica Securities and PNC Capital Markets LLC.
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