Preferred Stock Channel
Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
www.valueforum.com/7/
Free Preferred Stock Newsletter
Gain access to weekly reports with featured preferred stock screens, new preferred stock offerings, and more.

Slideshow Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Friday, October 15, 9:37 PM

Slide #562. Glimcher Realty Trust Preferred Stock Offering

Company: Glimcher Realty Trust (GRT)
Underwriters: Wells Fargo Securities, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated
Security type: 7.50% Series H Cumulative Redeemable Preferred Shares (GRT.PRH)
Shares Offered: 3,600,000
Price Per Share: $25.00
Closed Date: 8/10/2012
Date of Over-Allotment Closing: 8/10/2012
Final Completed Deal Size: 4,000,000.00
Preferred Stock Offering Details: Glimcher Realty Trust closed the underwritten public offering of 4,000,000 of its 7.50% Series H Cumulative Redeemable Preferred Shares with a liquidation preference of $25.00 per share, including 400,000 Series H Preferred Shares sold pursuant to the underwriters' exercise of their overallotment option to purchase additional Series H Preferred Shares. The offering generated net proceeds to the Company of approximately $96.4 million, after deducting the underwriting discounts and commissions and estimated offering expenses payable by the Company.

Glimcher Realty Trust is a self-administered and self-managed real estate investment trust. Co. owns, leases, manages and develops a portfolio of retail properties (Properties). The Properties consist of open-air centers, enclosed regional malls, outlet centers and community shopping centers. As of Dec 31 2013, Co. owned material interests in and managed 28 Properties which are located in 15 states. The properties contain contain an aggregate of approx. 19,300,000 sq. ft. of gross leasable area. Co., by and through its affiliates, holds service marks for the term GLIMCHER® and certain of its Property names such as Scottsdale Quarter®, and Polaris Fashion Place®.

Preferreds: GRT.PRF.CL, GRT.PRG, GRT.PRH, GRT.PRI


Open the GRT Page at Preferred Stock Channel »
Open the GRT.PRH Page at Preferred Stock Channel for More Information About this Preferred »

Name:  Glimcher Realty Trust
Website:  www.glimcher.com
Sector:  REITs
 

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

Preferred Stock Offerings - Slide 562 of 565 | www.PreferredStockChannel.com | Copyright © 2011 - 2021, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.