(To read more on the debt and equity markets, click here.)

HOUSTON-Local REIT Weingarten Realty Investors is hitting thecapital markets with a $200-million offering of eight millionpreferred security shares. A Jan. 30 closing is planned for therun.

In a press release, Weingarten's executive team said it plans touse net proceeds to repay outstanding credit facilities andpossibly general purposes. Weingarten uses the credit facilities asone of its main funding sources for acquisition and developmentprograms.

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