The Traderszone Network

Published in TZ Latest News 16 November, 2021 by The TZ Newswire Staff

CubeSmart Announces Pricing of Public Offering of Common Shares

MALVERN, Pa., Nov. 16, 2021 (GLOBE NEWSWIRE) — CubeSmart (NYSE: CUBE) (the “Company” or “CubeSmart”), the third-largest owner and operator of self-storage properties in the United States, today announced that it has priced an underwritten public offering of 13,500,000 of its common shares of beneficial interest, par value $0.01 per share (“Common Shares”), at a per share public offering price of $51.00, for total gross proceeds of approximately $688.5 million.

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