other material
confidence high
sentiment neutral
materiality 0.60
Omega Healthcare enters $1.25B ATM equity offering program, terminates prior ATM
OMEGA HEALTHCARE INVESTORS INC
- New at-the-market sales agreement for up to $1.25B aggregate gross sales price of common stock.
- Terminated prior ATM agreement dated May 20, 2021.
- Sales agents and forward purchasers include Wells Fargo, Barclays, J.P. Morgan, and others.
- Company has no obligation to sell any shares; may suspend offerings at any time.
- Forward sale agreements may be cash- or net-share settled; proceeds contingent on physical settlement.