PREIT Accelerates Capital-Raising Initiative Surpassing Key Milestone

(marketscreener.com) Over $110 million raised through asset sale program $148 million from asset sales and excess cash used to repay debtPHILADELPHIA, Nov. 2, 2022 /PRNewswire/ -- PREIT , today, marked meaningful balance sheet improvements. The Company is underway with a robust capital raising effort, seeking to improve its balance sheet and mitigate the...https://www.marketscreener.com/quote/stock/PENNSYLVANIA-REAL-ESTATE-13976/news/PREIT-Accelerates-Capital-Raising-Initiative-Surpassing-Key-Milestone-42176191/?utm_medium=RSS&utm_content=20221102