left-caret

NEWS

Citigroup, BofA Securities, BMO Capital Markets and RBC Capital Markets Serve as Joint Book-Running Managers for Sun Communities, Inc.’s $633 Million Public Offering of Common Stock

May 01, 2020

New York -- Paul Hastings LLP, a leading global law firm, announced today that the firm represented Citigroup, BofA Securities, BMO Capital Markets and RBC 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 and operates or has an interest in manufactured housing and recreational vehicle communities, sold a total of 4,968,000 shares of common stock (including the full exercise of the underwriters’ option to purchase additional shares) and raised gross proceeds of approximately $633 million.
Co-managers in the offering included Fifth Third Securities, J.P. Morgan, PNC Capital Markets LLC, BTIG, Baird, Regions Securities LLC and Ramirez & Co., Inc.

Securities & Capital Markets partner Yariv Katz led the Paul Hastings team, which also included associates Shai Vander and Bianca Lazar.  The Paul Hastings team has also represented the joint book-running managers in multiple prior public offerings for Sun Communities, Inc. 

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.

Practice Areas

Securities and Capital Markets


SIGN UP FOR NEWS INSIGHTS

MEDIA CONTACTS

Corporate, Litigation, Real Estate, Intellectual Property, Life Sciences, and Employment

Becca Hatton

Paris

Katy Foster

Europe

Miranda Ward

Submission Requests

Firmwide Inquiries

Elliott Frieder

Get In Touch With Us

Contact Us