other material
confidence high
sentiment neutral
materiality 0.75
Agree Realty enters forward equity sales for $623M; total forward equity $1.3B
AGREE REALTY CORP
- Agreed to sell 8.3M shares via forward sale agreements, net proceeds over $623M.
- Total outstanding forward equity now 17.9M shares, representing net proceeds over $1.3B.
- Total liquidity over $2.5B, including $812M revolver availability and $350M term loan.