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Douglas Emmett to offer up to $400M of stock in refreshed at-the-market program

Douglas Emmett Inc. supplemented an existing equity distribution program launched in August to sell up to $400.0 million additional shares of common stock.

The company has sold roughly $250.0 million under the program, as of Sept. 30.

Douglas Emmett signed the supplement agreement with Wells Fargo Securities LLC, Merrill Lynch Pierce Fenner & Smith Inc. and J.P. Morgan Securities LLC.