Public Event Detail
Curbline (NYSE: CURB) sets $400M ATM facility and new forward sale deals
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Event summary
Curbline Properties Corp. (NYSE: CURB) has established a new at-the-market (ATM) equity offering program, allowing the sale of up to $400 million in common stock through various sales agents and forward sale agreements. This new program replaces a prior ATM program which had $7.1 million of unused capacity and $199.9 million in outstanding forward sale agreements. The company plans to use the net proceeds for general corporate purposes, including property acquisitions, working capital, capital expenditures, and debt repayment.