trending Market Intelligence /marketintelligence/en/news-insights/trending/ncdX2aH1sxj0M-C50RjmTA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

First Industrial launches 5.6 million-share common stock offering

Commercial Real Estate: 2020 Review

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


First Industrial launches 5.6 million-share common stock offering

First IndustrialRealty Trust Inc. has launched an underwritten public offering of 5.6million shares of common stock.

Based on the company's March 29 closing price of $22.94 per share,the offering represents gross proceeds of $128.5 million.

The company said March 30 that it intends to use the proceedsfor general corporate purposes, possibly including property acquisitions and/ordevelopment, as well as debt repayment.

BofA Merrill Lynch and Wells Fargo Securities are acting as thebook-running managers for the offering.