AmeriCold Realty Trust (COLD) Announces Proposed Registered 29M Share Common Offer

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Americold Realty Trust Announces Forward Common Share Offering

October 13, 2020 7:02 AM EDT

ATLANTA--(BUSINESS WIRE)-- Americold Realty Trust (NYSE: COLD) (the Company or Americold) announced today that it has commenced an underwritten registered public offering of 29,000,000 common shares in connection with the forward sale agreements described below. The underwriters are expected to be granted a 30-day option to purchase up to an additional 4,350,000 common shares.

Citigroup Global Markets Inc., BofA Securities and Goldman Sachs & Co. LLC are acting as the joint book-running managers and representatives of the underwriters for the offering.

The Company expects to enter into separate forward sale agreements with Citigroup Global... More