Alexandria Real Estate (ARE) Prices 6M Share Common Offering at $155/Sh
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Alexandria Real Estate Equities, Inc. Announces Pricing Of Public Offering Of 6,000,000 Shares Of Common Stock
January 6, 2020 11:44 PM ESTPASADENA, Calif., Jan. 6, 2020 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. ("Alexandria" or the "Company") (NYSE: ARE) announced today the pricing of its public offering of 6,000,000 shares of common stock at a price of $155.00 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 900,000 additional shares. The offering is expected to close on or about January 9, 2020, subject to customary closing conditions.
Goldman Sachs & Co. LLC, BofA Securities, Citigroup and J.P. Morgan are acting as joint book-running... More
