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UDR announces pricing of public offering of common stock

Published 12/04/2018, 07:37 AM
Updated 12/04/2018, 07:37 AM
© Reuters.  UDR announces pricing of public offering of common stock
  • UDR (NYSE:UDR) priced its underwritten public offering of 7.15M common shares for estimated proceeds of ~$300M.
  • The offering is subject to customary closing conditions and is expected to close on December 6, 2018.
  • The proceeds from the offering will be used for planned acquisitions of assets, working capital and general corporate purposes.
  • Shares -1.38%
  • Press Release
  • Now read: 5 Reasons To Buy This REIT: High Insider Ownership, Great Valuation


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