Firm News

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

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.

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com