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Alexandria Real Estate Equities, Inc. Announces Pricing Of Upsized Public Offering Of 6,000,000 Shares Of Common Stock

By July 13, 2020News
Alexandria Logo

Alexandria Logo

PASADENA, Calif., July 6, 2020 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (“Alexandria” or the “Company”) (NYSE: ARE) today announced the pricing of its upsized public offering of 6,000,000 shares of the Company’s common stock at a price of $160.50 per share in connection with the forward sale agreements  escribed 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 July 9, 2020, subject to customary closing conditions.

 

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