Kilroy Realty (KRC) to Offer 4M Shares

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Go back to Kilroy Realty (KRC) to Offer 4M Shares

Kilroy Realty Corporation Announces Commencement of Public Offering of Common Stock

February 18, 2020 4:02 PM EST

LOS ANGELES--(BUSINESS WIRE)-- Kilroy Realty Corporation (the Company) (NYSE: KRC) announced today that it has commenced a public offering of 4,000,000 shares of common stock in connection with the forward sale agreements described below, subject to market and other conditions. The forward purchasers (as defined below) or their respective affiliates expect to grant to the underwriters a 30-day option to purchase up to an additional 600,000 shares of common stock.

J.P. Morgan, Barclays, BofA Securities and Wells Fargo Securities will act as joint book-running managers for the offering.

The Company... More