Hudson Pacific Properties (HPP) Prices $572.5M Primary, Secondary Common Stock Offerings
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Hudson Pacific Properties Announces Pricing of Primary Offering of Common Stock to Fund Repurchase of Common Units and Secondary Offering of Common Stock by Selling Stockholders
November 21, 2016 10:37 PM ESTLOS ANGELES--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (Hudson Pacific or the Company) (NYSE: HPP) today announced the pricing of an underwritten public offering of 18,699,017 shares of its common stock pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission (the SEC), consisting of 17,533,099 shares offered by the Company and 1,165,918 shares offered by certain funds affiliated with Farallon Capital Management, L.L.C. (collectively, the Farallon Funds).
Hudson Pacific intends to use the approximately $572.5 million of gross proceeds, before underwriting discounts and commissions and estimated offering expenses payable... More
Hudson Pacific Properties Announces Primary Offering of Common Stock to Fund Repurchase of Common Units and Secondary Offering of Common Stock by Selling Stockholders
November 21, 2016 4:41 PM ESTLOS ANGELES--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (Hudson Pacific or the Company) (NYSE: HPP) today announced an underwritten public offering of 18,699,017 shares of its common stock pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission (the SEC), consisting of 17,533,099 shares offered by the Company and 1,165,918 shares offered by certain funds affiliated with Farallon Capital Management, L.L.C. (collectively, the Farallon Funds).
Hudson Pacific intends to use the net proceeds that it receives from this offering, after deducting estimated underwriting discounts, but before estimated offering expenses... More