Davis Polk acted as special product counsel for J.P. Morgan Securities LLC and Citigroup Global Markets Inc. as representatives of the underwriters on a registered public offering by American Realty Capital Properties, Inc. of $300 million aggregate principal amount of 3% convertible senior notes due 2018.
Headquartered in New York, NY, American Realty Capital Properties, Inc. is an externally managed real estate company that focuses on owning and acquiring single-tenant free-standing commercial real estate properties primarily subject to net leases with high credit quality tenants.
The Davis Polk derivatives team included partner Ray Ibrahim and associate Katharine O’Banion. The capital markets team included partner John G. Crowley and associates Liang Dong and Rashna Bhojwani. The tax team included partner Michael Farber and associate Juelle Gomes. All members of the Davis Polk team are based in the New York office.
