Cahill Represents Underwriters in Common Stock Offering by Gaming and Leisure Properties
Date: 04/06/16
Cahill represented BofA Merrill Lynch, J.P. Morgan, Wells Fargo Securities, Fifth Third Securities, UBS Investment Bank, Credit Agricole CIB, Nomura, SunTrust Robinson Humphrey, Barclays, and Oppenheimer & Co. as joint book running managers in connection with a public offering by Gaming and Leisure Properties, Inc. (NASDAQ: GLPI), resulting in gross proceeds of $862,500,000. The offering made available 28,750,000 shares of common stock, including the exercise of the underwriters’ over-allotment option. Proceeds from the transaction will be used to fund the acquisition of substantially all of the real estate assets of Pinnacle Entertainment, Inc.