Refile: BUZZ-Janus Living dips after launching 25 million share sale
REFILE-BUZZ-Janus Living dips after launching 25 million share sale Corrects typo in headline
** Janus Living's JAN.N shares fall as much as 5.5%, last down 2% at $26.23
** Senior housing real estate investment trust kicks off follow-on public offering of 25 million shares
** Proceeds will be used for acquisition and investment opportunities and other purposes
** Stock offering comes just months after JAN went public in New York after upsized IPO priced at $20 apiece
** BofA Securities, J.P. Morgan, RBC Capital Markets and Wells Fargo Securities are acting as lead book-running managers for offering
** 9 of 10 brokerages rate the stock "buy" or higher and one "hold"; median PT $29 - data compiled by LSEG
** As of last close, JAN shares up ~34% since March debut
(Reporting by Arasu Kannagi Basil in Bengaluru)
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