other material
confidence high
sentiment neutral
materiality 0.50
Phillips Edison launches up to $400M at-the-market equity offering program
Phillips Edison & Company, Inc.
- ATM program for up to $400.0M of common stock, dated Aug 10, 2026, via 14 agents incl. Morgan Stanley, BofA, Goldman Sachs.
- Proceeds to temporarily repay revolving credit facility borrowings, fund property acquisitions, and general corporate purposes.
- Program includes forward sale agreements; company expects to fully physically settle with forward purchasers.
- Shares sold under existing shelf registration (File No. 333-284765) with prospectus supplement dated Aug 10, 2026.
- Agent commissions capped at 2.0% of gross sales price per share; offering may be suspended at any time.