American Healthcare REIT priced its public offering of 56M shares of its common stock at $12.00 per share. The deal priced at the low end of the $12-$15 range. The shares are trading on the New York Stock Exchange under the symbol “AHR.” BofA Securities and Morgan Stanley are acting as lead book-running managers for the offering. American Healthcare REIT is a self-managed real estate investment trust that acquires, owns and operates a diversified portfolio of clinical healthcare real estate properties, focusing primarily on medical office buildings, senior housing, skilled nursing facilities, hospitals and other healthcare-related facilities.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>