Alexandria Real Estate (ARE) Prices 6M Shares at $160.50
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Alexandria Real Estate Equities, Inc. Announces Pricing Of Upsized Public Offering Of 6,000,000 Shares Of Common Stock
July 6, 2020 9:43 PM EDTPASADENA, Calif., July 6, 2020 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. ("Alexandria" or the "Company") (NYSE: ARE) today announced the pricing of its upsized public offering of 6,000,000 shares of the Company's common stock at a price of $160.50 per share in connection with the forward sale agreements described below. The Company also granted the underwriters a 30-day option to purchase up to 900,000 additional shares. The offering is expected to close on or about July 9, 2020, subject to customary closing conditions.
Citigroup, BofA Securities, Goldman Sachs & Co. LLC and J.P. Morgan are acting as joint... More
