CareTrust REIT, Inc. Announces Launch of Public Offering of Common Stock

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CareTrust REIT (CTRE) Prices Larger 8.5M Common tock Offering at $11.35/Share

March 22, 2016 5:52 AM EDT

CareTrust REIT, Inc. (Nasdaq: CTRE) announced the upsize and pricing of its underwritten public offering. The size of the offering has been increased from the previously announced 7,500,000 shares of common stock to 8,500,000 shares of common stock at a price to the public of $11.35 per share. The offering is expected to close on March 28, 2016, subject to customary closing conditions. In connection with the offering, the Company has granted the... More