Curbline Properties Announces Common Stock Offering
Curbline Properties commenced a forward public offering of 10,000,000 shares of common stock, with underwriters granted a 30-day option to purchase an additional 1,500,000 shares. The company expects to enter into forward sale agreements with Goldman Sachs, Morgan Stanley, and Wells Fargo, with physical settlement anticipated in approximately 18 months.
Key figures
- Shares Offered
- 10000000
- Greenshoe shares
- 1500000
- Settlement timeline
- approximately 18 months
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