Financing ·
The Macerich Company entered into additional forward sale agreements on June 23, 2026, following the underwriters'…
MACMacerich Co
The Macerich Company entered into additional forward sale agreements on June 23, 2026, following the underwriters' full exercise of a 30-day option to purchase 2,100,000 additional shares of common stock at $23.12325 per share. The company expects to physically settle the agreements to receive cash proceeds by June 16, 2027. Macerich is a real estate investment trust that owns and operates high-quality shopping malls and mixed-use properties.