Phillips Edison launches $250M ATM stock offering program with multiple agents

Phillips Edison & Company, Inc.

Company may sell up to $250M of common stock via ATM program using 15 agents and forward sellers.
Proceeds to repay revolving credit facility, fund property acquisitions, and general corporate purposes.
Includes forward sale agreements that may delay or reduce cash proceeds from share sales.
Sales agreement dated February 12, 2024; prospectus supplement filed same day under existing shelf registration.

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