Citigroup, BofA Merrill Lynch, BMO Capital Markets and RBC Capital Markets Serve as Joint Book-Running Managers for Sun Communities, Inc.’s $500 Million Public Offering of Common Stock

September 07, 2018

New York -- Paul Hastings LLP, a leading global law firm, announced today that the firm represented Citigroup, BofA Merrill Lynch, BMO Capital Markets and RBC Capital Markets as joint book-running managers for Sun Communities, Inc.’s (NYSE: SUI) follow-on public offering of common stock.

Sun Communities, Inc., a real estate investment trust that owns and operates or has an interest in manufactured housing and recreational vehicle communities, sold a total of 5,060,000 shares of common stock (including the full exercise of the underwriters’ option to purchase additional shares) and raised gross proceeds of approximately $500 million.
Securities & Capital Markets partner Yariv Katz led the Paul Hastings team, which also included associates Melissa Fishkin and Shai Vander. The Paul Hastings team has also represented the joint book-running managers in multiple prior public offerings for Sun Communities, Inc.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.