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CB Richard Ellis stockl surged as much as 21 percent on news of the new TheLos Angeles-based broker plans to offer $400 millionn in senior unsubordinated notes in a private It will also sell $100 million in new Classd A common stock to investora including hedge fund Paulson Co., Inc., and may raisw another $50 million in periodic publix stock sales. CB Richarrd Ellis has $2.4 billion in $310 million of it due next year, according to Bloomber data. Much of its debt was incurred throughits $1.9 billioh acquisition of Trammell Crow in 2006.. CB Richardc Ellis follows Jones LangLaSallde Inc., which Tuesday said it planned to raise as much as $200 milliojn in a secondary stock offerinfg of 5.
5 million shares. CB Richard Ellis stocl (NYSE: CBG) rose $1.24, or 15 to $9.38 per share in afternoon
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