Sidley Advises on Janus Living’s US$860.3 Million Public Offering

Sidley represented the underwriters in Janus Living, Inc.’s US$860.3 million public offering of 26,250,000 shares of Class A-1 common stock at a price to the public of US$28.50 per share. In addition, the underwriters exercised in full their option to purchase up to an additional 3,937,500 shares of its Class A-1 common stock at the public offering price.

The offering closed on November 6, 2026. BofA Securities, J.P. Morgan, Wells Fargo Securities, and Goldman Sachs & Co. LLC acted as lead book-running managers.

The Sidley team was led by Jerry Cummins (Investment Funds/REITs), Adam M. Gross (Capital Markets/REITs), and Edward F. Petrosky (Capital Markets/REITs), and included Demetrius Watson and Angela Chow (Capital Markets); and was supported by Sonia Gupta Barros (Capital Markets); and Christian Brause, Dustin R. Anderson, and Patrick M. Gray (Tax).