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IIPR Innovative Industrial Properties News Story

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Brief: Innovative Industrial Properties Announces Launch Of $250.0 Million Exchangeable Senior Notes Offering

BRIEF-Innovative Industrial Properties Announces Launch Of $250.0 Million Exchangeable Senior Notes Offering

- Innovative Industrial Properties Inc IIPR.N:

  • INNOVATIVE INDUSTRIAL PROPERTIES ANNOUNCES LAUNCH OF $250.0 MILLION EXCHANGEABLE SENIOR NOTES OFFERING

  • INNOVATIVE INDUSTRIAL PROPERTIES - INITIAL PURCHASERS HAVE 13-DAY OPTION FOR UP TO $37.5 MILLION ADDITIONAL NOTES

  • INNOVATIVE INDUSTRIAL PROPERTIES - UP TO $50 MILLION OF PROCEEDS TO FUND COMMON STOCK REPURCHASE

  • INNOVATIVE INDUSTRIAL PROPERTIES - REMAINING PROCEEDS TO BE USED FOR WORKING CAPITAL, DEBT REPAYMENT, AND INVESTMENTS

Source text: ID:nBw8hgqLxa

Further company coverage: IIPR.N


((Reuters.Briefs@thomsonreuters.com;))

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