|
|
|
Alexandria Real Estate Equities Inc | 6.45% Series E Cumulative Redeemable Preferred Stock (ARE.PRE)
Prospectus excerpt: We are offering 5,200,000 shares of our 6.45% Series E Cumulative Redeemable Preferred Stock, par value $0.01 per share (the "Series E Preferred Stock"). We will pay cumulative dividends on the Series E Preferred Stock from the date of original issue at a rate of 6.45% per annum of the $25.00 liquidation preference per share (equivalent to an annual rate of $1.6125 per share). Dividends on the Series E Preferred Stock will be payable quarterly in arrears, beginning on July 15, 2012. We may not redeem the Series E Preferred Stock before March 15, 2017, except in order to preserve our status as a real estate investment trust ("REIT") or upon the occurrence of certain changes of control, as described below. On and after March 15, 2017, we may, at our option, redeem the Series E Preferred Stock, in whole or in part, at any time or from time to time, for cash at a redemption price of $25.00 per share, plus any accrued and unpaid dividends on such Series E Preferred Stock up to but excluding the redemption date. In addition, upon the occurrence of a change of control, as a result of which neither our common stock, par value $0.01 per share, nor the common securities of the acquiring or surviving entity (or American Depositary Receipts ("ADRs") representing such securities) is listed on the New York Stock Exchange (the "NYSE"), the NYSE Amex Equities (the "NYSE Amex"), or the NASDAQ Stock Market (the "NASDAQ"), or listed or quoted on a successor exchange or quotation system, we may, at our option, redeem the Series E Preferred Stock, in whole or in part, within 120 days after the first date on which such change of control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but excluding, the redemption date. If we exercise any of our redemption rights relating to the Series E Preferred Stock, the holders of Series E Preferred Stock will not have the conversion right described below. Full Prospectus PDF », Secondary Prospectus PDF », ARE Page »
Series: | E | Alternate symbology: | ARE-E, ARE-PE, AREprE | Redeemable?: | Yes | Call Date: | 3/15/2017 (Now Trading Post Call Date) | Perpetual?: | Yes | Cumulative?: | Yes | Shares Offered: | 5,200,000 | Liquidation Preference: | $25.00 | Original Coupon: | 6.45% | Pay Period: | Quarterly | Pay Dates: | 15-Jan, 15-Apr, 15-Jul, 15-Oct | CDx3 Compliance Rating: |
Learn ARE.PRE's Rating
|
|
Alexandria Real Estate Equities is a real estate investment trust. Co. provides space for lease to life science, agtech, and technology tenants. Co. owns, operates, and develops collaborative life science, agtech, and technology campuses in various locations. Co.'s tenants include pharmaceutical companies; public and private biotechnology companies; life science product, service, and medical device companies; digital health, technology, and agtech companies; academic and medical research institutions; U.S. government research agencies; non-profit organizations; and venture capital firms. Co. also provides capital to life science, agrifoodtech, climate innovation, and technology companies. Preferreds: ARE.PRD, ARE.PRE Open the ARE Information Page »
|
Name: |
Alexandria Real Estate Equities Inc |
Website: |
www.are.com |
Sector: |
REITs |
Number of ETFs Holding ARE: |
99 (see which ones) |
Total Market Value Held by ETFs: |
$3,960,396,990.6 |
Total Market Capitalization: |
$20,853,000,000 |
% of Market Cap. Held by ETFs: |
18.99% |
|
|
|
|
|