Sila Realty Trust Inc. Enters $250 Million Equity Offering Sales Agreement with Major Financial Institutions
Reuters
Aug 13
<a href="https://laohu8.com/S/CVMCD">Sila Realty Trust Inc.</a> Enters $250 Million Equity Offering Sales Agreement with Major Financial Institutions
Sila Realty Trust, Inc. has announced a significant new agreement involving an Equity Offering Sales Agreement with several prominent financial institutions, including BofA Securities, Inc., Wells Fargo Securities, LLC, and others. The agreement allows for the offering and sale of shares of the company's common stock, with an aggregate offering price of up to $250 million. Under this arrangement, the involved agents will act as sales representatives or forward sellers, facilitating "at the market" offerings. Additionally, Sila Realty Trust has entered into master forward confirmations with multiple banks, providing flexibility in how shares are sold and settled. This strategic move aims to bolster the company's financial standing by capitalizing on market opportunities.
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