UDR, Inc. (UDR) Prices 7M Share Offering at ~$43.71/Share
FREE Breaking News Alerts from StreetInsider.com!
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Tech selloff weighs down Wall Street as bond yields climb
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Francisco Partners to acquire Weave Communications for $650M
UDR Prices Public Offering of 7,000,000 Shares of Common Stock
March 31, 2021 8:00 AM EDTDENVER--(BUSINESS WIRE)-- UDR, Inc. (the Company) (NYSE: UDR) announced today that it has priced an underwritten public offering of 7,000,000 shares of common stock for expected gross proceeds of approximately $306 million, all of which are being offered in connection with the forward sale agreements described below.
J.P. Morgan and Wells Fargo Securities are acting as joint book-running managers for the offering.
The Company has entered into forward sale agreements with J.P. Morgan and Wells Fargo Securities or their affiliates (the forward purchasers) with respect to 7,000,000 shares of its common stock. In... More
