Alexandria Real Estate (ARE) Prices 7M Share Offering at $210/sh
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ALEXANDRIA REAL ESTATE EQUITIES, INC. ANNOUNCES PRICING OF UPSIZED PUBLIC OFFERING OF 7,000,000 SHARES OF COMMON STOCK
January 4, 2022 9:57 PM ESTPASADENA, Calif., Jan. 4, 2022 /PRNewswire/ --Â Alexandria Real Estate Equities, Inc. ("Alexandria" or the "Company") (NYSE: ARE) today announced the pricing of its upsized public offering of 7,000,000 shares of the Company's common stock at a price of $210.00 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 1,050,000 additional shares. The offering is expected to close on or about January 7, 2022, subject to customary closing conditions.
J.P. Morgan, BofA Securities, Citigroup, Goldman Sachs & Co. LLC, RBC Capital Markets, BTIG,... More
