Physicians Realty Trust Announces Exercise of Underwriters' Overallotment Option
MILWAUKEE--(BUSINESS WIRE)-- Physicians Realty Trust (NYS: DOC) (the "Company") today announced that the underwriters of its initial public offering ("IPO") have exercised their overallotment option to purchase an additional 1,318,815 common shares of beneficial interest at the IPO price of $11.50 per share. The overallotment option was granted in connection with the Company's IPO of 10,434,782 common shares of beneficial interest that was completed on July 24, 2013. The Company's common shares are listed on the New York Stock Exchange under the symbol "DOC."
Wunderlich Securities, Inc., Oppenheimer & Co. Inc., Janney Montgomery Scott LLC, JMP Securities LLC and BB&T Capital Markets, a division of BB&T Securities, LLC served as joint book-running managers for the IPO and Compass Point Research & Trading LLC, J.J.B. Hilliard, W.L. Lyons, LLC and B.C. Ziegler and Company served as co-managers for the IPO.
About Physicians Realty Trust
Physicians Realty Trust is a self-managed healthcare real estate company recently organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare. The Company plans to make an elections to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.
KEYWORDS: United States North America Wisconsin
The article Physicians Realty Trust Announces Exercise of Underwriters' Overallotment Option originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.