Macerich Obtains $950MM Liquidity Position through Sale, Stock Offering and Credit Facility

SANTA MONICA, Calif., March 26, 2021 -- Today, the Macerich Company (NYSE: MAC, the "Company") announced certain major capital events and other updates. Through March 25, 2021, the Company has sold 36.0 million shares of common stock under its "at the market" equity program at a weighted average price of $13.54 per share, generating gross proceeds of approximately $487.3 million. As […]