InvenTrust Properties announces 6.5M share common stock offering

InvenTrust Properties Corp. announced that it has commenced an underwritten registered public offering to sell 6.5M shares of its common stock. The company intends to use the net proceeds for general corporate purposes, including, but not limited to, funding the acquisition of additional properties, repayment of short-term and long-term indebtedness and providing for working capital. J.P. Morgan, BofA Securities, and Wells Fargo Securities will act as joint book-running managers for the public offering.