BRIEF-Agellan Commercial announces $40 mln bought deal financing

Mon Jul 25, 2016 5:18pm EDT
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July 25 (Reuters) - Agellan Commercial Real Estate Investment Trust

* Agellan commercial real investment trust says to sell, on a bought deal basis, 3.9 million units at a price of $10.25 per unit

* Agellan commercial real estate investment trust announces $40 million bought deal financing

* To use proceeds from offering to fund potential acquisitions, to repay indebtedness under credit facilities Source text for Eikon: Further company coverage: