trending Market Intelligence /marketintelligence/en/news-insights/trending/C2cSZrHl8Cjx-d-dpeHFww2 content esgSubNav
In This List

Saul Centers registers $200M shelf

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Saul Centers registers $200M shelf

Saul Centers Inc. filed a registration statement for the sale of up to $200.0 million of its securities from time to time.

The filing covers common stock, preferred stock and depositary shares.

Net proceeds will be funneled to the company's operating partnership in exchange for largely identical securities of the partnership.

The operating partnership may utilize the proceeds for the redemption of outstanding preferred stock or depositary shares, repayment of debt, purchase of further properties, development of new assets, renovation of existing properties, and for working capital and general business purposes.