Windrose Medical Properties Trust, Indianapolis, has priced a public offering of 2.3 million common shares at $14.80 per share.Windrose, a real estate investment trust, said it plans to use the net proceeds of approximately $32.3 million to pay down debt and for general corporate purposes, including the possible acquisition of specialty medical properties. Robert W. Baird & Co. is the sole bookrunner for the offering. The underwriters have been granted an option to buy up to 345,000 additional shares to cover any overallotments. The REIT can be found online at http://www.windrosempt.com.
Medical REIT Prices Stock Offering
April 12, 2006, 2:00 p.m. EDT 1 Min Read
