Terreno Realty Corporation Announces Pricing of Public Follow-on Offering of 4,000,000 Shares of Common Stock at $14.25/Share


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Terreno Realty Corporation (NYSE: TRNO) announced today the pricing of its public offering of 4,000,000 shares of common stock at a price per share of $14.25 The underwriters have been granted a 30-day option to purchase up to an additional 600,000 shares of common stock. The Company intends to use the net proceeds from the offering for the repayment of debt, potential acquisitions and for general business purposes. Goldman, Sachs & Co. and KeyBanc Capital Markets Inc. served as joint book-running managers for the offering. Stifel, Nicolaus & Company, Incorporated served as lead manager and Mitsubishi UFJ Securities (USA), Inc. and PNC Capital Markets LLC served as co-managers.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: NewsFinancingOfferings