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Stock impact report

Kilroy Realty Corporation Reports First Quarter Financial Results

Kilroy Realty Corporation (KRC) 
Last kilroy realty corporation earnings: 4/29 05:08 pm Check Earnings Report
US:NYSE Investor Relations: kilroyrealty.com
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) today reported financial results for its first quarter ended March 31, 2020.COVID-19 Pandemic Key Business UpdateBalance Sheet / Liquidity HighlightsAs of the date of this release, the company has approximately $1.0 billion of cash and cash equivalents on handIn March, fully physically settled equity forward sale agreements in connection with the February 2020 common stock offering and ATM transactions executed throughout 2019, resulting in the issuance of an aggregate of 8,897,110 shares of common stock for aggregate net proceeds of $722.2 millionIn April, completed a private placement of $350.0 million aggregate principal amount of ten-year, 4.27% unsecured senior notesCurrent availability under the company’s revolving credit facility totals $370.0 millionNo material debt maturities until 2023, excluding the company’s revolving credit facility and term loan facility, which mature in the third quarter of 2022Weig Show less Read more
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