Janus Living Prices 25M Shares at $25, Grants 3.75M-Share Overallotment Option
JAN•Janus Living priced a public offering of 25,000,000 Class A-1 shares at $25 each with a 30-day overallotment option for 3,750,000 additional shares. The offering, expected to close June 4, 2026, will fund acquisitions, investments and general corporate purposes.
1. Pricing and Size of Offering
Janus Living is offering 25,000,000 Class A-1 shares priced at $25 each, with underwriters granted a 30-day option to purchase up to 3,750,000 additional shares at the public offering price less the underwriting discount. The offering is expected to close June 4, 2026, subject to customary closing conditions.
2. Use of Proceeds
Net proceeds from the offering will be used to pursue acquisition and investment opportunities that meet Janus Living’s criteria and for general corporate purposes, supporting the REIT’s growth in high-quality senior housing communities across the United States.
3. Underwriting Syndicate
BofA Securities, J.P. Morgan, RBC Capital Markets and Wells Fargo Securities are lead book-running managers, with Goldman Sachs, Morgan Stanley, Barclays, Jefferies, KeyBanc Capital Markets and TD Securities as bookrunners, and Credit Agricole CIB, Regions Securities, Santander and Capital One Securities acting as co-managers.
