Janus Living Announces Public Offering of 25 Million Shares
Janus Living announced the launch of its public offering of 25,000,000 shares of its Class A-1 common stock pursuant to a registration statement on Form S-11 filed with the Securities and Exchange Commission. Janus Living expects to grant the underwriters a 30-day option to purchase up to an additional 3,750,000 shares of its Class A-1 common stock. Janus Living expects to use the net proceeds received from the proposed offering to pursue acquisition and investment opportunities that meet its investment criteria and for general corporate purposes. BofA Securities, J.P. Morgan, RBC Capital Markets and Wells Fargo Securities are acting as lead book-running managers for the offering.