Gazit-Globe Announces Closing of Its Initial Public Offering in the United States
Gazit-Globe
20.12.2011 08:54
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TEL-AVIV, Israel, 2011-12-20 08:54 CET (GLOBE NEWSWIRE) --
Gazit-Globe (TASE:GLOB) (NYSE:GZT), one of the largest owners and operators of
supermarket-anchored shopping centers in the world, announced today the closing
of its initial public offering in the United States. The Company's shares are
now listed on the New York Stock Exchange under the symbol GZT.
Pursuant to the offering, the Company has issued 10.35 million shares,
including 1.35 million shares which were issued pursuant to the exercise of the
underwriter's over-allotment option, at a price per shares of US $9.00.
The Company will use the net proceeds for general corporate purposes, but
initially to reduce the outstanding balance under its unsecured revolving
credit facilities.
Citigroup and Deutsche Bank Securities acted as joint book-running managers for
the offering. Barclays Capital and TD Securities acted as co-managers for the
offering.
This press release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of these securities in any state or
other jurisdiction in which such offer, solicitation or sale would be unlawful
prior to the registration or qualification under the securities laws of any
such state or other jurisdiction. The offering was made solely by means of a
prospectus which was filed with the Securities and Exchange Commission. A copy
of the prospectus may be obtained by contacting: Citigroup, Attn: Prospectus
Department, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY
11220, telephone: 800-831-9146, e-mail: batprospectusdept@citi.com; or Deutsche
Bank Securities, Attn: Prospectus Department, Harborside Financial Center, 100
Plaza One, Jersey City, NJ 07311-3988, telephone: 800-503-4611, e-mail:
prospectus.cpdg@db.com.
About Gazit-Globe
Gazit-Globe is one of the largest owners and operators of supermarket-anchored
shopping centers in the world. In addition, the Company is active in North
America in the healthcare real estate sector. Gazit-Globe is listed on the Tel
Aviv Stock Exchange (TASE:GLOB) and is included in the TA-25 and the
Real-Estate 15 indices in Israel. The Company is also listed on the New York
Stock Exchange (NYSE:GZT). The Group operates properties with a total value of
approximately $18.5 billion in more than 20 countries and owns and operates
over 660 properties with a gross leasable area of 7.0 million square meters.
CONTACT: Media Contact: press@gazitgroup.com
Investors Contact: IR@gazitgroup.com
Gazit-Globe Headquarters
1 HaShalom Rd.
Tel-Aviv, Israel
Tel: +972 3 6948000
News Source: NASDAQ OMX
20.12.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Gazit-Globe
Israel
Phone:
Fax:
E-mail:
Internet:
ISIN: PAL0605071A3
WKN:
End of Announcement DGAP News-Service
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Gazit-Globe
20.12.2011 08:54
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TEL-AVIV, Israel, 2011-12-20 08:54 CET (GLOBE NEWSWIRE) --
Gazit-Globe (TASE:GLOB) (NYSE:GZT), one of the largest owners and operators of
supermarket-anchored shopping centers in the world, announced today the closing
of its initial public offering in the United States. The Company's shares are
now listed on the New York Stock Exchange under the symbol GZT.
Pursuant to the offering, the Company has issued 10.35 million shares,
including 1.35 million shares which were issued pursuant to the exercise of the
underwriter's over-allotment option, at a price per shares of US $9.00.
The Company will use the net proceeds for general corporate purposes, but
initially to reduce the outstanding balance under its unsecured revolving
credit facilities.
Citigroup and Deutsche Bank Securities acted as joint book-running managers for
the offering. Barclays Capital and TD Securities acted as co-managers for the
offering.
This press release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of these securities in any state or
other jurisdiction in which such offer, solicitation or sale would be unlawful
prior to the registration or qualification under the securities laws of any
such state or other jurisdiction. The offering was made solely by means of a
prospectus which was filed with the Securities and Exchange Commission. A copy
of the prospectus may be obtained by contacting: Citigroup, Attn: Prospectus
Department, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY
11220, telephone: 800-831-9146, e-mail: batprospectusdept@citi.com; or Deutsche
Bank Securities, Attn: Prospectus Department, Harborside Financial Center, 100
Plaza One, Jersey City, NJ 07311-3988, telephone: 800-503-4611, e-mail:
prospectus.cpdg@db.com.
About Gazit-Globe
Gazit-Globe is one of the largest owners and operators of supermarket-anchored
shopping centers in the world. In addition, the Company is active in North
America in the healthcare real estate sector. Gazit-Globe is listed on the Tel
Aviv Stock Exchange (TASE:GLOB) and is included in the TA-25 and the
Real-Estate 15 indices in Israel. The Company is also listed on the New York
Stock Exchange (NYSE:GZT). The Group operates properties with a total value of
approximately $18.5 billion in more than 20 countries and owns and operates
over 660 properties with a gross leasable area of 7.0 million square meters.
CONTACT: Media Contact: press@gazitgroup.com
Investors Contact: IR@gazitgroup.com
Gazit-Globe Headquarters
1 HaShalom Rd.
Tel-Aviv, Israel
Tel: +972 3 6948000
News Source: NASDAQ OMX
20.12.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Gazit-Globe
Israel
Phone:
Fax:
E-mail:
Internet:
ISIN: PAL0605071A3
WKN:
End of Announcement DGAP News-Service
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