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Buy (2.80 out of 4)
34th percentile
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 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Monday, January 20, 11:57 AM
Slide #102. Ashford Hospitality Trust, Inc. — Preferred Stock Offering
| Company: |
Ashford Hospitality Trust, Inc. (NYSE:AHT) |
| Date announced: |
8/16/2017 |
| Shares Offered: |
3,400,000 |
| Date of Pricing: |
8/16/2017 |
| Price Per Share: |
$25.00 |
| Preferred Stock Offering Details: |
Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has priced its underwritten public offering of 3,400,000 shares of 7.50% Series H Cumulative Preferred Stock (the "Preferred Stock") at $25.00 per share. Dividends on the Preferred Stock will accrue at a rate of 7.50% per annum on the liquidation preference of $25.00 per share. Settlement of the offering is expected to occur on or about August 25, 2017. The underwriters have been granted an option to purchase an additional 510,000 shares as part of this offering. |
Ashford Hospitality Trust together is an externally-advised real estate investment trust focused on investing in the hospitality industry with a focus predominantly on hotels in the U.S. Co. owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership, its operating partnership. Co. is advised by its subsidiary, Ashford Hospitality Advisors LLC (Ashford LLC), through an advisory agreement. All of the hotel properties in Co.'s portfolio are asset-managed by Ashford LLC. Co.'s hotel properties are primarily branded under the brands of Hilton, Hyatt, Marriott and Intercontinental Hotels Group. Preferreds: AHT.PRA, AHT.PRD, AHT.PRE, AHT.PRF, AHT.PRG, AHT.PRH, AHT.PRI
 Open the AHT Page at Preferred Stock Channel »
| Name: |
Ashford Hospitality Trust Inc |
| Website: |
www.ahtreit.com |
| Sector: |
REITs |
| Number of ETFs Holding AHT: |
28 (see which ones) |
| Total Market Value Held by ETFs: |
$37,332,401 |
| Total Market Capitalization: |
$281,000,000 |
| % of Market Cap. Held by ETFs: |
13.29% |
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Open the AHT Page at Preferred Stock Channel (in a new window) »
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