AMB, the New York-listed industrial property specialist, has fixed the price for its registered offering of 33 million shares at $12.50 per share. Merrill Lynch & Co, J.P.Morgan and Morgan Stanley will act as joint bookrunners for the proposed offering.
AMB, the New York-listed industrial property specialist, has fixed the price for its registered offering of 33 million shares at $12.50 per share. Merrill Lynch & Co, J.P.Morgan and Morgan Stanley will act as joint bookrunners for the proposed offering.
AMB has said it intends to use the net proceeds to reduce borrowings and increase its working capital. The company said it may, from time to time, engage in additional financing operations.
