ANNAPOLIS, Md., Nov. 3, 2016 /PRNewswire/ -- Hannon
Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," or the "Company") (NYSE:
HASI) announced today the pricing of its public offering of
3,500,000 shares of common stock for total estimated gross proceeds
of approximately $70 million before
deducting estimated offering expenses payable by the Company. The
Company has granted the underwriters a 30-day option to purchase up
to 525,000 additional shares of common stock.
BofA Merrill Lynch, Deutsche Bank Securities, Morgan Stanley,
Wells Fargo Securities, Baird and Roth Capital Partners are acting
as joint-book running managers for the offering The underwriters
propose to offer the shares of common stock from time to time for
sale in negotiated transactions or otherwise, at market prices
prevailing at the time of sale, at prices related to such
prevailing market prices or at negotiated prices.
A registration statement relating to these securities has been
declared effective by the Securities and Exchange Commission. The
offering will be made only by means of a prospectus supplement and
accompanying prospectus. A copy of the preliminary prospectus
supplement and accompanying prospectus related to the offering can
be obtained, when available, by contacting: BofA Merrill Lynch,
NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte,
North Carolina 28255-0001, Attention: Prospectus Department,
or by e-mailing dg.prospectus_requests@baml.com; Deutsche Bank
Securities Inc., 60 Wall Street, New
York, New York 10005, Attention: Prospectus Group, or by
emailing prospectus.cpdg@db.com; Morgan Stanley & Co. LLC, 180
Varick Street, 2nd Floor, New
York, New York 10014, Attention: Prospectus Department;
Wells Fargo Securities, LLC, 375 Park Avenue, 4th Floor,
New York, New York 10152,
Attention: Equity Syndicate, or by telephone at 800-326-5897, or by
e-mailing cmclientsupport@wellsfargo.com; Robert W. Baird & Co.
Incorporated, Attention: Syndicate Department, 777 E. Wisconsin
Avenue, Milwaukee, Wisconsin
53202, or by telephone at 800-792-2473 or by e-mailing at
syndicate@rwbaird.com; or Roth Capital Partners, LLC, 888 San
Clemente, Newport Beach, CA 92660,
or by telephone at (800) 678-9147.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any of the offered shares, nor
shall there be any sale of such shares in any state or other
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or other jurisdiction.
About Hannon Armstrong
Hannon Armstrong invests in the
energy efficiency, wind and solar markets. The Company focuses on
providing preferred or senior level capital to established sponsors
and high credit quality obligors for assets that generate
long-term, recurring, and predictable cash flows. The Company is
based in Annapolis, MD.
Forward-Looking Statements
Some of the information contained in this press release are
forward-looking statements and within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. When used in this
press release, the words such as "believe," "expect, "anticipate,"
"estimate," "plan," "continue," "intend," "should," "may," or
similar expressions, are intended to identify such forward-looking
statements. Forward-looking statements are subject to significant
risks and uncertainties. Investors are cautioned against placing
undue reliance on such statements. Actual results may differ
materially from those set forth in the forward-looking statements.
Factors that could cause actual results to differ materially from
those described in the forward-looking statements include those
discussed under the caption "Risk Factors" included in the
Company's report on Form 10-K that was filed with the SEC, as well
as in other reports that the Company files with the SEC.
Forward-looking statements are based on beliefs, assumptions
and expectations as of the date of this press release. The Company
disclaims any obligation to publicly release the results of any
revisions to these forward-looking statements reflecting new
estimates, events or circumstances after the date of this press
release.
Contact: Investor/Media Relations
Phone: 410-571-6189
Email: investors@hannonarmstrong.com
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SOURCE Hannon Armstrong Sustainable Infrastructure Capital,
Inc.