Urban Edge Properties enters $250M ATM equity distribution agreement with forward sale option

Urban Edge Properties

Up to $250M in common shares may be sold through agents or via forward sale agreements.
Program replaces prior ATM from June 2021; filed new S-3 shelf (File No. 333-266885) dated Aug 15, 2022.
Forward settlement may be physical, cash, or net share; proceeds not received until settlement.
Agents include Wells Fargo, Goldman Sachs, J.P. Morgan, Morgan Stanley, Jefferies; max commission 2%.
Company has no obligation to sell shares and may suspend or terminate at any time.

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