Cousins Adds Shares of Preferred Stock

ATLANTA-Cousins Properties Inc., a locally-based equity REIT trading on the New York Stock Exchange since 1962, has added shares of preferred stock to its existing shelf registration statement without adding any additional dollar amount of securities, according to a prepared statement from Mark Russell, Cousins’ vice president and director of investor relations.

The registration statement currently registers debt securities, common stock and warrants to purchase common stock and has about $130 million available. The updated registration statement covers only primary offerings by the company, according to Russell’s statement. Proceeds will be used for general corporate purposes.