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Hold (2.14 out of 4)
100th percentile
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Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Saturday, April 20, 5:56 AM
Slide #237. Spirit Realty Capital, Inc. — Preferred Stock Offering
Company: |
Spirit Realty Capital, Inc. (SRC) |
Date announced: |
9/27/2017 |
Shares Offered: |
6,000,000 |
Date of Pricing: |
9/27/2017 |
Price Per Share: |
$25.00 |
Preferred Stock Offering Details: |
Spirit Realty Capital, Inc. (NYSE: SRC) ("Spirit" or the "Company") announced today that it has priced an underwritten public offering of 6,000,000 shares of 6.000% Series A Cumulative Redeemable Preferred Stock with a liquidation preference of $25.00 per share for net proceeds of $144.8 million after deducting the underwriting discount and the Company's estimated expenses. The Company has also granted the underwriters a 30-day option to purchase from the Company up to an additional 900,000 shares of 6.000% Series A Cumulative Redeemable Preferred Stock. |
Spirit Realty Capital is a self-administered and self-managed real estate investment trust with in-house capabilities, including acquisition, credit research, asset management, portfolio management, real estate research, legal, finance and accounting functions. Co. primarily invests in single-tenant, operationally essential real estate assets throughout the U.S., which are subsequently leased on a long-term, triple-net basis to tenants with operations in retail, industrial and certain other industries. Co.'s operations are carried out through its operating partnership, Spirit Realty, L.P. Preferred: SRC.PRA
Open the SRC Page at Preferred Stock Channel »
Name: |
Spirit Realty Capital Inc (New) |
Website: |
www.spiritrealty.com |
Sector: |
REITs |
Number of ETFs Holding SRC: |
1 (see which ones) |
Total Market Value Held by ETFs: |
$6,335,784 |
Total Market Capitalization: |
$6,036,000,000 |
% of Market Cap. Held by ETFs: |
0.10% |
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Open the SRC Page at Preferred Stock Channel (in a new window) »
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