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Monmouth files $115 million shelf covering stock, debt and preferreds
By Devika Patel
Knoxville, Tenn., Sept. 1 - Monmouth Real Estate Investment Corp. filed a $115 million shelf registration in an S-3 filing with the Securities and Exchange Commission.
The registration covers debt securities, common stock and preferred stock.
The securities may be structured as convertibles.
Proceeds will be used for working capital and general corporate purposes.
Monmouth is a real estate investment trust based in Freehold, N.J., with a concentration on net-leased industrial policies.
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