Chatham Lodging Trust (CLDT) Commences 4M Common Offering
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Chatham Lodging Trust (NYSE: CLDT) announced that they are commencing a 4 million common stock offering.
The company expects to grant the underwriters a 30-day option to purchase up to 600,000 additional common shares to cover overallotments, if any.
Barclays Capital and UBS Investment Bank are acting as the joint book-running managers for the offering. FBR Capital Markets is acting as the joint lead manager and Morgan Keegan, Credit Agricole CIB, Piper Jaffray, Stifel Nicolaus Weisel and JMP Securities are acting as co-managers.
The company expects to grant the underwriters a 30-day option to purchase up to 600,000 additional common shares to cover overallotments, if any.
Barclays Capital and UBS Investment Bank are acting as the joint book-running managers for the offering. FBR Capital Markets is acting as the joint lead manager and Morgan Keegan, Credit Agricole CIB, Piper Jaffray, Stifel Nicolaus Weisel and JMP Securities are acting as co-managers.
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Piper Jaffray, Stifel Nicolaus, UBS, JMP Securities, Barclays, Morgan Keegan & Company, Credit AgricoleSign up for StreetInsider Free!
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