SL Green Realty Corp., New York, has priced a public offering of 1.8 million shares of common stock at $42.33 per share.The company said it plans to use the proceeds to pay down its unsecured revolving credit facility and provide greater liquidity for possible investments. The underwriters have been granted an option to buy up to 270,000 additional shares of the stock to cover any overallotments. Citigroup is the sole book-running manager for the offering. SL Green, a real estate investment trust, can be found online at http://www.slgreen.com.
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Artificial intelligence is fueling litigation risks, from consumer lawsuits against servicers, to more repurchase requests, and vulnerabilities through vendors.
44m ago -
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2









