Kite Realty Group Trust Announces ATM Program

By Benzinga1 day ago

INDIANAPOLIS, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE:KRG) (the “Company“) announced today that the Company's Board of Trustees has authorized a new $150 million “at-the-market“ stock offering program (the “ATM Program“). Details of the ATM Program are on a Form 8-K that was filed today with the Securities and Exchange Commission (the “SEC“).

About Kite Realty Group Trust

Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect consumers to retailers in desirable markets through our portfolio of community, neighborhood, and lifestyle centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders.

Safe Harbor

This release, together with other statements and information publicly disseminated by us, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are based on assumptions and expectations that may not be realized and are inherently subject to risks, uncertainties and other factors, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, performance, transactions or achievements, financial or otherwise, may differ materially from the results, performance, transactions or achievements, financial or otherwise, expressed or implied by the forward-looking statements.

Currently, one of the most significant factors that could cause actual outcomes to differ materially from the forward-looking statements is the potential adverse effect of the current pandemic of the novel coronavirus (“COVID-19“), including possible resurgences and ...

Full story available on Benzinga.com

Continue read on benzinga.com