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Quotes delayed 20 minutes
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Buy (3.00 out of 4)
44th percentile
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 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Thursday, December 13, 1:49 AM
Slide #39. Cedar Realty Trust, Inc. — Preferred Stock Offering
| Company: |
Cedar Realty Trust, Inc. (NYSE:CDR) |
| Date announced: |
12/13/2017 |
| Shares Offered: |
2,000,000 |
| Date of Pricing: |
12/13/2017 |
| Price Per Share: |
$25.00 |
| Preferred Stock Offering Details: |
Cedar Realty Trust, Inc. (NYSE: CDR) (the "Company") announced it has priced an underwritten public offering of 2,000,000 shares of its 6.50% Series C Cumulative Redeemable Preferred Stock ("Series C Preferred Stock") at $25.00 per share. The shares of Series C Preferred Stock sold in the offering are a further issuance of the Series C Preferred Stock issued by the Company on August 24, 2017. Gross proceeds to the Company will be approximately $50,000,000. Closing of the offering is scheduled for December 15, 2017, subject to customary closing conditions. The Company has granted the underwriters a 30-day option to purchase up to an additional 300,000 shares of Series C Preferred Stock. |
Cedar Realty Trust is a real estate investment trust that focuses primarily on ownership, operation and redevelopment of grocery-anchored shopping centers in urban markets from Washington, DC to Boston. Cedar Realty Trust Partnership, L.P. is the entity through which Co. conducts substantially all of its business and owns (either directly or through subsidiaries) substantially all of its assets. Preferreds: CDR.PRA, CDR.PRB, CDR.PRC
 Open the CDR Page at Preferred Stock Channel »
| Name: |
Cedar Realty Trust Inc |
| Website: |
www.cedarrealtytrust.com |
| Sector: |
REITs |
| Number of ETFs Holding CDR: |
34 (see which ones) |
| Total Market Value Held by ETFs: |
$41,495,169 |
| Total Market Capitalization: |
$322,000,000 |
| % of Market Cap. Held by ETFs: |
12.89% |
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Open the CDR Page at Preferred Stock Channel (in a new window) »
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