Terreno Realty plans to price public sale of 5 million common shares

Deal funds debt repayment, acquisitions and general corporate purposes

By Devika Patel

Knoxville, Tenn., Feb. 19 - Terreno Realty Corp. said it will price a public offering of 5 million common shares with a 30-day greenshoe for 750,000 additional shares.

Goldman, Sachs & Co. and KeyBanc Capital Markets Inc. are the joint bookrunning managers.

Proceeds will be used for debt repayment, acquisitions and general corporate purposes.

Terreno is a San Francisco-based real estate investment trust focused on industrial properties.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.