Thursday, June 11, 2009

Jones Lang LaSalle Prices $227.5M Sh Offering

Jones Lang LaSalle Incorporated (NYSE: JLL - News) today announced the pricing of a public offering of 6,500,000 shares of its common stock at a price of $35.00 per share. In connection with the offering, the Company has granted the underwriters a 30-day option to purchase up to 975,000 additional shares of common stock to cover overallotments. Subject to customary conditions, the offering is expected to close on or about June 16, 2009. Merrill Lynch & Co. is serving as book-running manager and BMO Capital Markets, ABN AMRO Incorporated and Barclays Capital are acting as lead managers for the offering.

No comments:

Post a Comment