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Quotes delayed 20 minutes
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Hold (1.92 out of 4)
2nd percentile
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 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Saturday, September 26, 9:56 AM
Slide #223. Pebblebrook Hotel Trust — Preferred Stock Offering
| Company: |
Pebblebrook Hotel Trust (NYSE:PEB) |
| Date announced: |
6/2/2016 |
| Shares Offered: |
5,000,000 |
| Date of Pricing: |
6/2/2016 |
| Price Per Share: |
$25.00 |
| Preferred Stock Offering Details: |
Pebblebrook Hotel Trust (NYSE:PEB) (the "Company") announced that it has priced an underwritten public offering of 5,000,000 shares of its 6.375% Series D Cumulative Redeemable Preferred Shares at a public offering price of $25.00 per share, for net proceeds of approximately $120.9 million, after deducting the underwriting discount and other estimated offering costs. The offering is expected to close on June 9, 2016, subject to customary closing conditions. |
Pebblebrook Hotel Trust is an internally managed hotel investment company. Substantially all of Co.'s assets are held by, and all of the operations are conducted through its Operating Partnership, Pebblebrook Hotel, L.P. Co. is engaged in acquisition and investment in hotel properties located primarily in United States cities, including Atlanta, Boston, Chicago, Key West, Los Angeles, Miami, Nashville, Naples, New York, Philadelphia, Portland, Santa Monica, San Diego, San Francisco, Seattle and Washington, D.C., with a focus on main gateway urban markets. Co. targets investments in resort properties located near its primary target markets, as well as in select destination resort markets. Preferreds: PEB.PRB, PEB.PRA, PEB.PRC, PEB.PRD
 Open the PEB Page at Preferred Stock Channel »
| Name: |
Pebblebrook Hotel Trust |
| Website: |
www.pebblebrookhotels.com |
| Sector: |
REITs |
| Number of ETFs Holding PEB: |
58 (see which ones) |
| Total Market Value Held by ETFs: |
$332,912,431 |
| Total Market Capitalization: |
$1,539,000,000 |
| % of Market Cap. Held by ETFs: |
21.63% |
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Open the PEB Page at Preferred Stock Channel (in a new window) »
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