LTC Properties Implements ATM Program with Paul Hastings' Guidance
Deal News | Nov 19, 2024 | Paul Hastings
Paul Hastings LLP has provided legal guidance to several major financial entities—Citizens JMP Securities, BMO Capital Markets, KeyBanc Capital Markets, Wells Fargo Securities, Huntington Securities, and Wedbush Securities—in the establishment of an At-the-Market (ATM) Program for LTC Properties, Inc. This program is notable for featuring a forward component and was officially set up on November 13, 2024. The legal team from Paul Hastings was led by Partner Kerry Johnson, alongside partners Joseph Opich and Jaime Madell, Of Counsel Shai Marshall, and associates Christine Walsh, Erik Oakley, Nicole Wong, and Rachel Weinstein. Paul Hastings is recognized as a leading law firm with strengths in finance, M&A, and other sectors, serving global financial powerhouses and corporations.
Sectors
- Finance
- Real Estate
- Legal Services
Geography
- United States – All the financial entities and the law firm involved, including LTC Properties, are based in the U.S., making the region central to this transaction.
Industry
- Finance – The article discusses the implementation of an ATM Program which involves several financial market participants like investment banks and capital markets companies.
- Real Estate – LTC Properties, Inc., the target of the ATM Program implementation, operates in the real estate investment sector.
- Legal Services – Paul Hastings LLP, the legal advisor for the ATM Program, is a prominent law firm specializing in various financial and corporate legal services.
Financials
- – The article does not specify the financial figures associated with the ATM Program.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Paul Hastings LLP | Legal Advisor | Company | A premier global law firm involved in the ATM Program for LTC Properties. |
| LTC Properties, Inc. | Target Company | Company | A real estate investment trust implementing the ATM Program. |
| Citizens JMP Securities, LLC | Agent | Company | An affiliate involved in the ATM Program. |
| BMO Capital Markets Corp. | Agent | Company | An affiliate involved in the ATM Program. |
| KeyBanc Capital Markets Inc. | Agent | Company | An affiliate involved in the ATM Program. |
| Wells Fargo Securities, LLC | Agent | Company | An affiliate involved in the ATM Program. |
| Huntington Securities, Inc. | Agent | Company | An affiliate involved in the ATM Program. |
| Wedbush Securities Inc. | Agent | Company | An affiliate involved in the ATM Program. |