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Published on 4/27/2011 in the Prospect News Convertibles Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Mack-Cali Realty files $4.5 billion shelfs for debt, stock, preferreds

By Devika Patel

Knoxville, Tenn., April 27 - Mack-Cali Realty Corp. filed a $2 billion shelf registration by itself as well as a $2.5 billion shelf registration with Mack-Cali Realty LP in two S-3 ASR filings with the Securities and Exchange Commission.

The registration for the corporation covers common stock, preferred stock, depositary shares and warrants.

The registration for the corporation and limited partnership covers common stock, preferred stock, depositary shares, warrants and guarantees to be offered by the corporation and debt securities to be offered by the limited partnership.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Mack-Cali Realty is an Edison, N.J.-based real estate investment trust with a focus on class A real estate in the Northeast.


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