The deal size was increased to 13.8M shares from 11.5M and priced at midpoint of $31.50-$32.50 target range. Wells Fargo, BofA and JPMorgan are acting as joint book running managers for the offering.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTRE:
- CareTrust REIT 11.5M share Spot Secondary; price range $31.50-$32.50
- CareTrust REIT announces 11.5M share common stock offering
- Ensign Group to add eight nursing operations in Tennessee, one in Alabama
- CareTrust REIT Expands with $500M Acquisition Deal
- CareTrust REIT Shows Strong Q3 2024 Performance