SL Green Realty Corp., a New York-based real estate investment trust that manages Manhattan office properties, completed a public offering of 19.55 million shares of common stock at a price per share of $20.75, including 2.55 million shares issued and sold to the underwriters to cover over-allotments. Merrill Lynch & Co., Morgan Stanley, Deutsche Bank Securities, Citi, Goldman, Sachs & Co. and J.P. Morgan acted as the joint book-running managers. The net proceeds to SL Green from the offering after deducting underwriting commissions and discounts and offering expenses were approximately $387.4 million. SL Green plans to use the net proceeds from the offering for general corporate and working capital purposes.
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