Camden renews at-the-market equity program for up to $500 million offering

Camden Property Trust

Camden Property Trust

CPT

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  • Camden Property Trust renewed its at-the-market equity sales program, replacing existing agreements with new distribution agreements for up to USD 500 million of common shares.
  • Sales may be executed from time to time through sales agents or in principal transactions at negotiated prices.
  • Program also allows use of forward sale agreements, with borrowed shares sold to hedge forward exposure and physical settlement expected through issuance of common shares.
  • Sales-agent compensation will not exceed 1.5% of gross proceeds on primary shares, with forward-related commissions also capped at 1.5% through a reduced initial forward price.
  • Net proceeds are earmarked for general corporate purposes, including paying down borrowings under a USD 1.2 billion unsecured revolving credit facility or other debt, or redeeming or repurchasing securities.


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. Camden Property Trust 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: 0001193125-26-196189), on April 30, 2026, and is solely responsible for the information contained therein.