BRE Properties (BRE) Announces 8M Common Stock Offering
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BRE Properties, Inc. (NYSE: BRE) announces an 8 million common stock offering.
The company also plans to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock to cover over-allotments, if any. Wells Fargo Securities and BofA Merrill Lynch will act as joint book-running managers for the proposed offering.
The company also plans to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock to cover over-allotments, if any. Wells Fargo Securities and BofA Merrill Lynch will act as joint book-running managers for the proposed offering.
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