Alexandria registers shares for resale |
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Published
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Mon, 16 Apr 2007 23:38
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PASADENA, Calif. (AP) - Alexandria Real Estate Equities Inc., a real estate investment trust that develops and manages scientific research facilities, said Monday it has registered to resell shares of the company's stock that may become issuable under certain convertible notes.The company issued $460 million of 3.7 percent convertible senior notes due 2027 in January 2007. Alexandria Real Estate said it won't receive proceeds from any resales that may be made pursuant to its registration.Shares of Alexandria Real Estate dropped 10 cents to close at $101.02 on the New York Stock Exchange.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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Hospitality files registration for notes 