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GNL PR B - Global Net Lease Inc News Story

$25.02 -0.1  -0.2%

Sector
Financials
Size
Mid Cap
Market Cap £1.12bn
Enterprise Value £2.29bn
Revenue £247.4m
Position in Universe th / 6389

BUZZ-Global Net Lease: Falls on stock offering

Wed 15th August, 2018 11:19pm
** Shares of the owner of commercial properties  GNL.N  down
4.7 pct at $21.05 after market
    ** Says offering 4 mln common shares; co had about 67.3 mln
shares outstanding as of July 30  urn:newsml:reuters.com:*:nPnvG0KQa
    ** GNL expects to grant the underwriters a 30-day option to
purchase 600,000 additional shares of common stock
    ** Joint book-running managers for the offering are BMO
Capital Markets and UBS Investment Bank
    ** Up to Wednesday's close, stock had risen 7.3 pct YTD,
compared with a 1.3 pct increase in the S&P 600 Diversified
REITs index  .SPSMCREID 

 (Reporting by Ankit Ajmera in Bengaluru)
 ((Reuters Messaging:
ankit.ajmera.thomsonreuters.com@reuters.net))
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