other material
confidence high
sentiment neutral
materiality 0.60
Terreno Realty establishes new $500M ATM equity program, replacing prior program
Terreno Realty Corp
- New ATM program allows issuance of up to $500M of common stock at the Company's discretion.
- Prior program sold 941,350 shares at $60.55 weighted average, gross proceeds $57M.
- Proceeds may fund acquisitions, developments, redevelopments, or repay debt.
- Sales agents include KeyBanc, Baird, BTIG, Goldman Sachs, Jefferies, and others; commission up to 2%.