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- Affiliates of Each of the Sales Agents Are Also Lenders Under Our $900 Million Revolving Credit Facility or Other Indebtedness. (new) — Sales agents have a conflict of interest because their affiliates are lenders to the company, so they may benefit from share sales that repay debt.
Macerich has $288.5M left to sell under its $500M at-the-market stock offering
Filed August 5, 2026 · ~1 min read
Key Changes
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high
Macerich has registered up to $500M of common stock for sale under an at-the-market program; $211.5M has already been sold, leaving $288.5M available.
The Offering verify on EDGAR → -
medium
Net proceeds go to the Operating Partnership to repay debt and for general corporate purposes.
Use of Proceeds verify on EDGAR → -
low
The company will pay the sales agent up to 2% of gross proceeds as commission, and estimates $1.0M in other offering expenses.
Use of Proceeds verify on EDGAR →
1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 31, 2026 · How we verify