|
| Home : Artis REIT Announces Acquisition of U.S. Office Portfolio, $100 Million Equity Offering, Proposed Redemption of Series F Debentures and Provides Update on Other Recent Developments |
|
Jun 09
2016 |
Artis REIT Announces Acquisition of U.S. Office Portfolio, $100 Million Equity Offering, Proposed Redemption of Series F Debentures and Provides Update on Other Recent Developments |
|
- US$260.0 million acquisition of Class A office portfolio in Madison, Wisconsin- Acquisition is immediately accretive to Adjusted Funds from Operations ("AFFO") per unit - $100 million public equity offering at $13.20 per unit to finance acquisition- Announces intention to redeem $86.2 million of outstanding 6.00% Series F convertible redeemable unsecured subordinated debentures due June 30, 2020 |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=2132734&sourceType=3 |
| |
|
Related News
|
» PHX Energy Services Corp. Enters Into Bought Deal Financing
» Gran Tierra Energy Inc. Announces Colombian Peso Hedging Program
|
|
|
