trending Market Intelligence /marketintelligence/en/news-insights/trending/frlc_dqljtxuw4gxnexapq2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Monmouth Real Estate targets $132.5M net proceeds from public offering

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

Monmouth Real Estate targets $132.5M net proceeds from public offering

Industrial real estate investment trust Monmouth Real Estate Investment Corp. priced its public offering of 8.0 million shares of its common stock at $15 apiece, before underwriting discounts.

The underwriters have a 30-day option to buy up to 1.2 million additional shares at the public offering price, less the underwriting discount.

Net proceeds from the offering are expected to total approximately $115.2 million, after deducting underwriting discounts, or $132.5 million in the event that the underwriters fully exercise their overallotment option, according to a release.

Monmouth Real Estate will use the proceeds to fund the purchase and expansion of properties, to repay outstanding borrowings under its unsecured revolving credit facility and for general corporate purposes.

The offering is expected to close on or about Oct. 9, subject to customary closing conditions.

BMO Capital Markets, J.P. Morgan and RBC Capital Markets are the joint book-running managers for the offering. B. Riley FBR, D.A. Davidson & Co., Janney Montgomery Scott and CSCA Capital Advisors LLC are the co-managers.