CareTrust REIT Announces $637.5 Million Public Stock Offering
CareTrust REIT (CTRE) has priced a public offering of 17 million shares of its common stock on a forward basis. The transaction is expected to generate approximately $637.5 million in gross proceeds. The offering includes an option for underwriters to purchase up to an additional 2.55 million shares within a 30-day period. This capital raise provides the real estate investment trust with significant liquidity to support its ongoing growth and operational requirements.
Tickers: $CTRE
Topics: capital raising common stock stock offering
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