CareTrust REIT, Inc. has announced a public offering of 15,500,000 shares of its common stock, subject to market conditions. The company has also granted underwriters a 30-day option to purchase an additional 2,325,000 shares at the public offering price. The proceeds from this offering are intended to fund new investments and repay borrowings on its revolving credit facility. J.P. Morgan, BofA Securities, and RBC Capital Markets are serving as joint lead book-running managers for the offering. A shelf registration statement for the common stock has been filed with the SEC and is effective.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CareTrust REIT Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250812396807) on August 12, 2025, and is solely responsible for the information contained therein.