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Quotes delayed 20 minutes
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Buy (3.00 out of 4)
30th percentile
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 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Thursday, April 15, 9:07 AM
Slide #254. STAG Industrial, Inc. — Preferred Stock Offering
| Company: |
STAG Industrial, Inc. (NYSE:STAG) |
| Date announced: |
3/10/2016 |
| Shares Offered: |
3,000,000 |
| Date of Pricing: |
3/10/2016 |
| Price Per Share: |
$25.00 |
| Preferred Stock Offering Details: |
STAG Industrial, Inc. (the "Company") (NYSE: STAG) today announced the pricing of an underwritten public offering of 3,000,000 shares of its 6.875% Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock") at a price of $25.00 per share for gross proceeds of $75 million. The offering is expected to close on March 17, 2016, subject to customary closing conditions. The Company intends to list the Series C Preferred Stock on the New York Stock Exchange under the symbol "STAG Pr C." |
STAG Industrial is a real estate operating company focused on the acquisition and operation of single-tenant industrial properties. Co. owns interests in all of its properties and conduct substantially all of its business through its operating partnership, STAG Industrial Operating Partnership, L.P. Preferreds: STAG.PRA, STAG.PRB, STAG.PRC
 Open the STAG Page at Preferred Stock Channel »
| Name: |
STAG Industrial Inc |
| Website: |
www.stagindustrial.com |
| Sector: |
REITs |
| Number of ETFs Holding STAG: |
41 (see which ones) |
| Total Market Value Held by ETFs: |
$983,130,304.62 |
| Total Market Capitalization: |
$5,582,000,000 |
| % of Market Cap. Held by ETFs: |
17.61% |
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Open the STAG Page at Preferred Stock Channel (in a new window) »
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