ANNAPOLIS, Md., Dec. 12, 2018 /PRNewswire/ -- Hannon
Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," "we", "our", or the
"Company") (NYSE: HASI) announced today the pricing of its public
offering of 5,000,000 shares of common stock for total estimated
gross proceeds of approximately $112
million before deducting estimated offering expenses payable
by the Company. The Company has granted the underwriters a 30-day
option to purchase up to 750,000 additional shares of common
stock.
BofA Merrill Lynch, Baird, J.P. Morgan, Morgan Stanley, UBS
Investment Bank and Wells Fargo Securities are acting as joint
book-running managers for the offering. Oppenheimer & Co. Inc.
is acting as a co-manager. 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
filed with the Securities and Exchange Commission ("SEC") and has
become effective. The offering will be made by means of a
preliminary prospectus supplement and accompanying prospectus. A
copy of the preliminary prospectus supplement and accompanying
prospectus related to the offering can be obtained by contacting
BofA Merrill Lynch, Attention: Prospectus Department,
NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, or email:
dg.prospectus_requests@baml.com; Robert W. Baird & Co.
Incorporated, Attention: Syndicate Department, 777 East Wisconsin
Avenue, Milwaukee, WI 53202-5391,
telephone: 1-800-792-2473, or email: syndicate@rwbaird.com.; J.P.
Morgan Securities LLC, Attention: Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewood,
NY 11717, telephone: 1-866-803-9204, or email:
prospectus-eq_fi@jpmchase.com; Morgan Stanley & Co. LLC,
Attention: Prospectus Department, 180 Varick Street, 2nd Floor,
New York, NY 10014, or email:
prospectus@morganstanley.com; UBS Securities LLC, Attention:
Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, telephone: 888-827-7275,
or email: olprospectusrequest@ubs.com; or Wells Fargo Securities,
Attention: Equity Syndicate Department, 375 Park Avenue,
New York, NY 10152, telephone:
800-326-5897, or email: cmclientsupport@wellsfargo.com
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
With over 30 years of experience, Hannon
Armstrong (NYSE: HASI) is a capital provider focused on
reducing the impact of, or increasing resiliency to, climate
change. Our portfolio includes efficiency, renewable energy
and resiliency assets with a focus on long-term, recurring and
largely predictable cash flows or cost savings from proven
technologies. With scientific consensus that climate warming
trends are linked to human activities, we believe our firm is well
positioned to generate better risk-adjusted returns by investing in
the assets that reduce carbon emissions. We are based in
Annapolis, MD.
Forward-Looking Statements
Some of the information in this press release contains
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, words such as "believe," "expect," "anticipate,"
"estimate," "plan," "continue," "intend," "should," "may,"
"target," 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 Annual Report on Form 10-K for the fiscal year
ended December 31, 2017, which 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.