 |
Quotes delayed 20 minutes
|
Hold (2.40 out of 4)
15th percentile
|
|
|
 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Monday, January 25, 11:02 AM
Slide #193. Ashford Hospitality Trust, Inc. — Preferred Stock Offering
| Company: |
Ashford Hospitality Trust, Inc. (NYSE:AHT) |
| Date announced: |
10/13/2016 |
| Shares Offered: |
6,000,000 |
| Date of Pricing: |
10/13/2016 |
| 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 6,000,000 shares of 7.375% Series G Cumulative Preferred Stock (the "Preferred Stock") at $25.00 per share. Dividends on the Preferred Stock will accrue at a rate of 7.375% per annum on the liquidation preference of $25.00 per share. Settlement of the offering is expected to occur on or about October 18, 2016. The underwriters have been granted an option to purchase an additional 900,000 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 primarily on hotels in United States. 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 Marriott, Hilton, Hyatt and Intercontinental Hotel 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: |
6 (see which ones) |
| Total Market Value Held by ETFs: |
$6,162,838 |
| Total Market Capitalization: |
$39,000,000 |
| % of Market Cap. Held by ETFs: |
15.80% |
|
Open the AHT Page at Preferred Stock Channel (in a new window) »
|
|
