Government Properties Income Trust Announces Proposed Public Offering of 7,000,000 Common Shares
NEWTON, Mass.--(BUSINESS WIRE)--
Government Properties Income Trust (NYSE: GOV) today announced that it
commenced a public offering of 7,000,000 common shares. GOV expects to
use the net proceeds of this offering to repay amounts outstanding under
its revolving credit facility and for general business purposes,
including funding potential acquisitions. It is contemplated that the
underwriters will also be granted a 30-day option to purchase up to an
additional 1,050,000 common shares.
The joint bookrunning managers for this offering are Morgan Stanley,
BofA Merrill Lynch and RBC Capital Markets. The co-lead managers for
this offering are Citigroup, Jefferies and UBS Investment Bank.
This press release is neither an offer to sell nor a solicitation of an
offer to buy shares, nor shall there be any sale of these securities in
any state or jurisdiction in which the offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities
laws of such state or jurisdiction. The preliminary prospectus
supplement relating to this offering and related prospectus are expected
to be filed with the Securities and Exchange Commission (SEC), and
copies can be obtained by contacting the offices of: Morgan Stanley, 180
Varick Street, 2nd Floor, New York, New York 10014, Attention:
Prospectus Department, telephone: (866) 718-1649 or email:
email@example.com; BofA Merrill Lynch, 222 Broadway, New
York, New York 10038, Attn: Prospectus Department, email:
firstname.lastname@example.org; or RBC Capital Markets, Attention:
Prospectus Department, Three World Financial Center, 200 Vesey Street,
8th floor, New York, New York 10281-8098, telephone: 877-822-4089.
WARNING CONCERNING FORWARD LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE
MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND
OTHER SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON
GOV'S PRESENT BELIEFS AND EXPECTATIONS, BUT THESE STATEMENTS ARE NOT
GUARANTEED. FOR EXAMPLE, ALTHOUGH THIS PRESS RELEASE REFERS TO AN
OFFERING OF 7,000,000 COMMON SHARES, GREATER OR FEWER THAN 7,000,000
COMMON SHARES MAY BE SOLD, OR THIS OFFERING MAY BE WITHDRAWN. INVESTORS
SHOULD NOT PLACE UNDUE RELIANCE UPON ANY FORWARD LOOKING STATEMENT.
A Maryland Real Estate Investment Trust with transferable shares of
beneficial interest listed on the New York Stock Exchange.
shareholder, Trustee or officer is personally liable for any act or
obligation of the Trust.
Government Properties Income Trust
Timothy A. Bonang, 617-219-1410
President, Investor Relations
Elisabeth A. Heiss,
Manager, Investor Relations
Source: Government Properties Income Trust
News Provided by Acquire Media