Here are the 424B prospectus supplements from EastGroup Properties Inc. (EGP) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow EGP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EGP filings page.
EastGroup Properties, Inc. is offering shares of common stock with an aggregate offering price of up to $1,000,000,000 through an at-the-market program and related forward sale agreements. Sales may be made from time to time on the NYSE or through negotiated and other permitted transactions, including the use of forward purchasers and forward sellers that borrow and sell shares on the company’s behalf.
EastGroup, an industrial-focused REIT with a largely leased portfolio concentrated in high-growth Sun Belt markets, plans to use any net proceeds for general corporate purposes, including working capital, debt repayment under its unsecured revolving credit facility, and funding development or acquisitions. The structure allows for flexible physical, cash, or net share settlement of forward contracts, which can affect dilution and earnings per share depending on future stock prices and settlement choices.