Cahill Represents Agents in Common Stock Offering for VEREIT, Inc.
Date: 04/15/19
Cahill represented the agents in connection with a continuous equity offering program in which VEREIT, Inc. may sell shares of its common stock having an aggregate offering price of up to $750,000,000 of shares from time to time through April 15, 2022 in “at-the-market” offerings. Proceeds from the offering are intended to be used for general corporate purposes, which may include funding potential acquisitions and repurchasing or repaying existing indebtedness. VEREIT, Inc. is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the United States.