Mizuho Securities Raises Price Target on Alexandria Real Estate (ARE) to $113; Reiterates Buy
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Alexandria Real Estate Equities, Inc. Announces Pricing Of Public Offering Of 6,500,000 Shares Of Common Stock
July 7, 2016 8:45 AM EDTPASADENA, Calif., July 7, 2016 /PRNewswire/ --Â Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced today the pricing of its public offering of 6,500,000 shares of common stock at a price of $101.00 per share in connection with the forward sale agreements described below. The Company also granted the underwriters a thirty-day option to purchase up to 975,000 additional shares. The offering is expected to close on or about July 12, 2016, subject to customary closing conditions.
BofA Merrill Lynch, Citigroup, and J.P. Morgan are the joint book-running managers for the offering. BBVA, TD Securities,... More
Alexandria Real Estate Equities, Inc. Announces Public Offering Of 6,500,000 Shares Of Common Stock
July 6, 2016 4:01 PM EDTPASADENA, Calif., July 6, 2016 /PRNewswire/ --Â Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced today that it is commencing an underwritten public offering of 6,500,000 shares of common stock in connection with the forward sale agreements described below. The Company expects to grant the underwriters a thirty-day option to purchase up to 975,000 additional shares.Â
BofA Merrill Lynch, Citigroup, and J.P. Morgan are the joint book-running managers for the offering.
The Company expects to enter into forward sale agreements with Bank of America, N.A., Citibank, N.A. and JPMorgan... More
