DCT Industrial Trust Inc. DCT announced today that it priced a public offering of 19,000,000 shares of common stock at a price per share of $5.35. In addition, the Company has granted to the underwriters for the public offering an option for 30 days to purchase up to 2,850,000 additional shares of common stock to cover overallotments, if any.
BofA Merrill Lynch, J.P. Morgan and Wells Fargo Securities acted as the joint book-running managers for the offering. Subject to customary closing conditions, the offering is expected to close on or about February 18, 2011.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in