Hannon Armstrong (HASI) Prices 3.5M Common Stock Offering for Proceeds of ~$70M

November 4, 2016 6:21 AM EDT

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Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI) announced the pricing of its public offering of 3,500,000 shares of common stock for total estimated gross proceeds of approximately $70 million before deducting estimated offering expenses payable by the Company. The Company has granted the underwriters a 30-day option to purchase up to 525,000 additional shares of common stock.

BofA Merrill Lynch, Deutsche Bank Securities, Morgan Stanley, Wells Fargo Securities, Baird and Roth Capital Partners are acting as joint-book running managers for the offering The underwriters propose to offer the shares of common stock from time to time for sale in negotiated transactions or otherwise, at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices.

A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. The offering will be made only by means of a prospectus supplement and accompanying prospectus. A copy of the preliminary prospectus supplement and accompanying prospectus related to the offering can be obtained, when available, by contacting: BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, North Carolina 28255-0001, Attention: Prospectus Department, or by e-mailing dg.prospectus_requests@baml.com; Deutsche Bank Securities Inc., 60 Wall Street, New York, New York 10005, Attention: Prospectus Group, or by emailing prospectus.cpdg@db.com; Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department; Wells Fargo Securities, LLC, 375 Park Avenue, 4th Floor, New York, New York 10152, Attention: Equity Syndicate, or by telephone at 800-326-5897, or by e-mailing cmclientsupport@wellsfargo.com; Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 E. Wisconsin Avenue, Milwaukee, Wisconsin 53202, or by telephone at 800-792-2473 or by e-mailing at syndicate@rwbaird.com; or Roth Capital Partners, LLC, 888 San Clemente, Newport Beach, CA 92660, or by telephone at (800) 678-9147.



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