Paul Hastings LLP, a leading global law firm, announced today that the firm represented Citigroup as sole book-running manager 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 6,900,000 shares of common stock (including the full exercise of the underwriter’s option to purchase additional shares) and raised gross proceeds of approximately $349.1 million.
Securities & Capital Markets partner Yariv Katz led the Paul Hastings team, which also included associates Keith Gartner and Melissa Fishkin.
The Paul Hastings team has also represented Citigroup in prior follow-on public offerings for Sun Communities, Inc.
Source: www.paulhastings.com
