Oaktree Capital Group, LLC Announces Pricing of Public Offering of Class A Units
1 hours 50 minutes ago - BusinessWire via Dow Jones News
LOS ANGELES--(BUSINESS WIRE)--May 22, 2013-- Oaktree Capital Group, LLC (NYSE: OAK) ("Oaktree") today announced the pricing of its previously announced public offering of 7,000,000 Class A units at a price to the public of $53.50 per Class A unit. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 1,050,000 Class A units. Oaktree intends to use all of the net proceeds from the offering to acquire interests in its business from certain of its dir...