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Does Urban Edge's $250 Million Equity Raise Signal a New Growth Phase for UE?
Urban Edge Properties recently completed a follow-on equity offering totaling US$250 million and filed a shelf registration to enable the issuance of additional securities, including common and preferred shares as well as debt instruments.
This move greatly enhances the company’s financial flexibility, equipping it with fresh capital for future acquisitions, development projects, or potential debt reduction initiatives.
We'll examine how the expanded capital base from the equity offering...