trending Market Intelligence /marketintelligence/en/news-insights/trending/fp7-CINeSNu89IGdw-hx1g2 content esgSubNav
In This List

First Industrial Realty launches common stock offering

Blog

Global M&A by the Numbers: Q2 2022

Blog

SEC Climate Disclosure Requirements Heating Up: How to Take Action

Blog

Infographic 2022 Top Tech Trends Shaping Corporations

Blog

Middle East & Africa M&A by the Numbers: Q1 2022


First Industrial Realty launches common stock offering

First Industrial Realty Trust Inc. kicked off an offering of 2,560,000 common shares, with proceeds earmarked for general corporate purposes.

Based on the company's June 12 closing price of $30.04 per share, gross proceeds are expected to come to approximately $76.9 million.

First Industrial said it may use the funds for property development and acquisitions and debt repayments.

UBS Investment Bank is the sole underwriter for the public offering.