Easterly Government Properties announces offering of up to 7.245M shares at $21.64 via forward sale agreements

Easterly Government Properties, Inc.

Entered into underwriting and forward sale agreements for 6.3M shares (plus 945K option) at initial forward price of $21.64/share.
Net proceeds will be used for general corporate purposes including acquisitions, development, debt repayment.
The company will not initially receive proceeds; expects to physically settle the forward sale agreements within approximately one year.
Closing of the offering occurred on August 16, 2021.

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