San Diego Business Journal

BioMed Raises $369.2M in Stock Offering

Wednesday, April 3, 2013

San Diego-based BioMed Realty Trust Inc. raised gross proceeds of approximately $369.2 million in its recently completed offering of common stock shares.

A company statement said the amount included underwriters’ full exercise of their option to purchase additional shares beyond the 15 million offered to the public. In total, the company sold 17.25 million shares of common stock at a price of $21.40 per share.

Joint booking managers for the offering were Morgan Stanley & Co. LLC, Raymond James & Associates Inc., UBS Securities LLC, Wells Fargo Securities LLC and KeyBanc Capital Markets Inc.

-- SDBJ Staff Report