Select Income REIT Prices Offering of 10,500,000 Common Shares

NEWTON, Mass.--(BUSINESS WIRE)--Select Income REIT (NYSE: SIR) today announced that it priced a public offering of 10,500,000 common shares at a price to the public of $28.25 per share. The settlement of this offering is expected to occur on Tuesday, July 2, 2013. SIR expects to use the net proceeds of this offering to repay amounts outstanding under its revolving credit facility and for general business purposes including property acquisitions. The underwriters have been granted a 30-day option to purchase up to an additional 1,575,000 common shares. The joint bookrunning managers of the offering are BofA Merrill Lynch, Citigroup, Morgan Stanley, UBS Investment Bank, Wells Fargo Securities...