CareTrust REIT (CTRE) Launches 11.5M Share Offering
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CareTrust REIT, Inc. Announces Launch of Public Offering of Common Stock
October 30, 2024 4:38 PM EDTSAN CLEMENTE, Calif.--(BUSINESS WIRE)-- CareTrust REIT, Inc. (NYSE: CTRE) (CareTrust REIT or the Company) announced that, subject to market and other conditions, it intends to offer to sell 11,500,000 shares of its common stock in an underwritten public offering. The Company also intends to grant the underwriters a 30-day option to purchase up to an additional 1,725,000 shares of common stock. If exercised, all additional shares will be offered at the public offering price per share of common stock in the offering.
The Company intends to contribute the net proceeds to CTR Partnership,... More
