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SNR - New Senior announces At-the-Market offering program
New Senior Investment Group Inc.
New Senior Investment Group ([[SNR]] +2.0%) had established an "At-the-Market" program through which it may issue and sell, from time to time, up to $100M of common stock.The common stock will be offered and sold with the sales agents pursuant to a Distribution Agreement, dated February 26, 2021. The Company intends to use the proceeds from these sales, if any, for general corporate purposes, which may include repayment of debt and investment opportunities.