Curbline Properties宣布发行1000万股普通股

2026-06-30 04:27

Curbline Properties (NYSE:CURB) announced on Monday it launched an underwritten public offering of 10M common shares through forward sale agreements, with underwriters holding a 30-day option to purchase up to 1.5M additional shares.
If the overallotment option is fully exercised, the company expects to enter into additional forward sale agreements, increasing the offering to 11.5M shares.
Curbline expects to physically settle the forward sale agreements within approximately 18 months and receive net proceeds upon settlement.
Net proceeds are intended for general corporate purposes, including property acquisitions, debt repayment, working capital, and capital expenditures.
The company will not receive any proceeds from the initial sale of shares by the forward purchasers.
Goldman Sachs, Morgan Stanley, and Wells Fargo are acting as both the underwriters and forward purchasers for the offering.
Shares -1.23%.

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