other material
confidence high
sentiment neutral
materiality 0.60
American Healthcare REIT establishes $500M ATM equity offering program
American Healthcare REIT, Inc.
- Up to $500M of common stock may be sold through BofA, Barclays, Citigroup, Morgan Stanley and other agents.
- Agents will receive a commission up to 2.0% of gross sales price on shares sold as agents.
- Forward sale agreements possible with Bank of America, Barclays, Citibank and others; proceeds from physical settlement used for general corporate purposes.
- Net proceeds expected to be contributed to Operating Partnership for debt repayment, working capital, capex and investments.