NorthStar Realty Finance Corp., a New York-based real estate investment trust, has announced the pricing and upsizing of a public offering of approximately 12.4 million shares of common stock at $14.95 per share.The original size of the offering was approximately 11.4 million shares. Northstar said a selling stockholder will also sell approximately 3.6 million shares in the offering. In addition, the underwriters have been granted an option to buy up to 2.4 million additional shares to cover any overallotments. The joint book-running managers of the offering are Citigroup Corporate and Investment Banking, Wachovia Securities, and Banc of America Securities LLC.
Processing Content
