The Los Angeles - based office REIT expects to net proceeds of about $ 332.2 million and said in a statement that it plans to contribute the funds to its operating partnership to use for
general corporate purposes including acquiring properties and repaying outstanding debt.
Not exact matches
«Netflix intends to use the net proceeds from this offering for
general corporate purposes, which may
include content acquisitions, capital expenditures, investments, working capital and potential acquisitions and strategic transactions,» Netflix wrote in a statement Monday.
We currently intend to use the net proceeds to us from this offering primarily for
general corporate purposes,
including working capital, sales and marketing activities,
general and administrative matters and capital expenditures.
Twilio plans to use proceeds from the offering for
general corporate purposes,
including investing in engineering, sales and marketing and to enhance its technology platform, according to the prospectus.
Since 2007, we've issued over $ 8 billion in loans for many business needs
including inventory purchase, equipment acquisition, hiring, and
general corporate purposes.
The Hanover plans to use the net proceeds from this offering for
general corporate and working capital
purposes, which may
include repurchases of its common stock.
Net proceeds from the transaction are estimated to be approximately $ 103 million and will be available for
general corporate purposes,
including potential loan rebalancing in connection with the refinancing of the MPG's upcoming 2013 debt maturities.