other_material
confidence high
sentiment neutral
materiality 0.30
LTC Properties amends equity distribution program, adds RBC/BTIG/Nomura, drops BMO/Wedbush
LTC PROPERTIES INC
- Amended $400M at-the-market stock offering on Aug 5, 2025, adding RBC Capital Markets, BTIG, and Nomura as agents/forward sellers.
- Terminated BMO Capital Markets, Bank of Montreal, and Wedbush Securities as agents; remaining parties continue as before.
- At termination, approximately $376.4M of common stock remained unsold under the original $400M program.
- New forward purchasers include Royal Bank of Canada and Nomura Global Financial Products Inc.
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