Macerich expands USD 500 million ATM equity program, adds Morgan Stanley and Scotia as agents

Reuters2026/08/05 22:08

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Macerich filed a new automatic shelf registration statement on Form S-3, replacing an expired prior shelf.
Continued its at-the-market common stock program for up to $500 million; $211.5 million sold, leaving $288.5 million available.
Amended its equity distribution agreement to add Morgan Stanley and Scotia Capital as additional sales agents.
Also continued prospectus supplements covering potential issuances tied to MACWH units, OP units, and resale of shares from OP unit redemptions.
Net proceeds from any ATM sales will be contributed to the operating partnership for OP units; proceeds targeted for debt repayment and general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Macerich Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-335240), on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Macerich expands USD 500 million ATM equity program, adds Morgan Stanley and Scotia as agents

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