America First Tax Exempt Investors, L.P. Announces Pricing of Public Offering of Shares Representing Assigned Limited Partnershi
04 Abril 2007 - 8:43AM
Business Wire
America First Tax Exempt Investors, L.P. (Nasdaq:ATAXZ)(or �America
First�), announced the pricing of an underwritten public offering
of 3,225,000 shares representing assigned limited partnership
interests at $8.06 per share, raising approximately $26.0 million
in gross proceeds to America First. As part of the offering,
America First has granted the underwriters a 30-day option to
purchase up to 483,750 additional shares to cover over-allotments,
if any. The offering was made pursuant to its shelf registration
statement filed with the Securities and Exchange Commission and is
expected to close on April 10, 2007, subject to the satisfaction of
customary closing conditions. America First expects to use the net
proceeds from the offering to acquire additional tax-exempt revenue
bonds and other investments meeting its investment criteria and for
general working capital needs. The lead manager for the offering is
RBC Capital Markets Corporation and the co-manager is Stifel,
Nicolaus & Company, Incorporated. The offering may be made only
by means of a prospectus and a related prospectus supplement,
copies of which may be obtained when available from RBC Capital
Markets Corporation, One Liberty Plaza, New York, New York 10006,
(212) 428-6260. This press release does not constitute an offer to
sell or the solicitation of an offer to buy nor will there be any
sale of the shares in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to the
registration or qualification under the securities laws of such
state or jurisdiction. About America First Tax Exempt Investors,
L.P. America First Tax Exempt Investors, L.P. was formed for the
primary purpose of acquiring, holding, selling and otherwise
dealing with a portfolio of federally tax-exempt mortgage revenue
bonds which have been issued to provide construction and/or
permanent financing of multifamily residential apartments. Our
general partner is America First Capital Associates Limited
Partnership 2, whose general partner is The Burlington Capital
Group LLC (�Burlington�). Since 1984, Burlington has specialized in
the management of investment funds, many of which were formed to
acquire real estate investments such as tax-exempt mortgage revenue
bonds, mortgage securities and multifamily real estate properties.
For additional information about America First, please visit
America First�s website at www.ataxz.com.
America First Tax Exempt (NASDAQ:ATAXZ)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
America First Tax Exempt (NASDAQ:ATAXZ)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about Amer First Tax Exempt Inv L.P. (MM) (NASDAQ): 0 recent articles
Más de America First Tax Exempt Investors, L.P. ArtÃculos de Noticias