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Jones Lang LaSalle Prices Offering Of $275 Million Aggregate Principal Amount Of 4.400% Senior Notes Due 2022

Stocks in this article: JLL

CHICAGO, Nov. 6, 2012 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) today announced that it has priced an underwritten public offering of $275 million aggregate principal amount of 4.400% Senior Notes due 2022. Jones Lang LaSalle expects the offering to close on or about November 9, 2012, subject to customary closing conditions. Jones Lang LaSalle intends to use the net proceeds from the offering for general corporate purposes, but initially to reduce the outstanding borrowings under its revolving credit facility.

The book-running managers for the offering include Barclays Capital Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC. Barclays Capital Inc. and J.P. Morgan Securities LLC are acting as representatives of the underwriters.

The offering is being made pursuant to Jones Lang LaSalle's effective shelf registration statement that was previously filed with the Securities and Exchange Commission (the "SEC") and only by means of a prospectus supplement and accompanying prospectus, copies of which may be obtained on the SEC's website at www.sec.gov or by contacting Barclays Capital Inc. at 1-888-603-5847, extension 2663, or J.P. Morgan Securities LLC, Investment Grade Syndicate Desk, at (212) 834-4533.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the notes, nor shall there be any sale of the notes, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

About Jones Lang LaSalle

Jones Lang LaSalle (NYSE: JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2011 global revenue of more than $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 billion square feet worldwide at year-end 2011. LaSalle Investment Management, the company's investment management business, is one of the world's largest and most diverse in real estate with $47 billion of assets under management.

FORWARD-LOOKING STATEMENTS

Statements in this press release regarding, among other things, future financial results and performance, achievements, plans and objectives may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance, achievements, plans and objectives of Jones Lang LaSalle to be materially different from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include those discussed under "Business," "Management's Discussion and Analysis of Financial Condition and Results of Operations," "Quantitative and Qualitative Disclosures About Market Risk," and elsewhere in Jones Lang LaSalle's Annual Report on Form 10-K for the year ended December 31, 2011, and in the Quarterly Reports on Form 10-Q for the quarters ended March 31, 2012, June 30, 2012 and September 30, 2012, and in other reports filed with the Securities and Exchange Commission. Statements speak only as of the date of this release. Jones Lang LaSalle expressly disclaims any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in Jones Lang LaSalle's expectations or results, or any change in events.

SOURCE Jones Lang LaSalle

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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