Camden Property Trust to issue 2.9M common shares; proceeds to repay credit line used for fund acquisition

CAMDEN PROPERTY TRUST

Agreement with BofA Securities and Wells Fargo to sell 2,900,000 common shares, with option for up to 435,000 additional shares.
Net proceeds to reduce borrowings under $900M unsecured line of credit used to acquire 68.7% interest in two investment funds from Teacher Retirement System of Texas.
Underwriters or their affiliates may receive proportionate share of proceeds from repayment of indebtedness.

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