By a News Reporter-Staff News Editor at Investment Weekly News -- Ladder Capital Corp (NYSE:LADR) announced that it has completed an initial public offering of 15,237,500 shares of its Class A common stock at a price to the public of $17.00 per share, including 1,987,500 shares sold in connection with the full exercise of the option to purchase additional shares granted to the underwriters. All of the shares in the offering are being offered by Ladder Capital Corp.
Deutsche Bank Securities, Citigroup, Wells Fargo Securities, BofA Merrill Lynch and J.P. Morgan acted as joint book-running managers of the offering, and FBR, JMP Securities and Keefe, Bruyette & Woods acted as co-managers. The offering of these securities was made only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained from: Deutsche Bank Securities Inc., Attn.: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, Tel: (800) 503-4611, Email: prospectus.CPDG@db.com; Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Tel: (800) 831-9146; Wells Fargo Securities, LLC, Attention: Equity Syndicate Dept., 375 Park Avenue, New York, NY 10152, Tel: (800) 326-5897, Email: firstname.lastname@example.org; BofA Merrill Lynch, Attention: Prospectus Department, 222 Broadway, New York, NY 10038, Email: email@example.com; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, Tel: (866) 803-9204.
Keywords for this news article include: Banking and Finance, Ladder Capital Corp, Investment and Finance, Financial Service Companies.
Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC