Jones Lang LaSalle (JLL) Prices 6.5M Shares at $35
Jones Lang LaSalle Incorporated (NYSE: JLL) 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.
Jones Lang LaSalle closed at $35.66 yesterday.
The Company intends to use the net proceeds from the offering to repay outstanding indebtedness under its unsecured revolving credit facility and for general corporate purposes.
Jones Lang LaSalle closed at $35.66 yesterday.
The Company intends to use the net proceeds from the offering to repay outstanding indebtedness under its unsecured revolving credit facility and for general corporate purposes.
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