Brief: American Finance Trust Prices Public Offering Of 3,000,000 Shares Of 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock
Sept 5 (Reuters) - American Finance Trust Inc AFIN.O :
* AMERICAN FINANCE TRUST PRICES PUBLIC OFFERING OF 3,000,000
SHARES OF 7.50% SERIES A CUMULATIVE REDEEMABLE PERPETUAL
PREFERRED STOCK
* AMERICAN FINANCE TRUST INC - SERIES A PREFERRED STOCK WILL
HAVE
A $25.00 LIQUIDATION PREFERENCE PER SHARE.
* AMERICAN FINANCE TRUST - CO HAS GRANTED UNDERWRITERS A
30-DAY
OVERALLOTMENT OPTION TO PURCHASE UP TO AN ADDITIONAL 450,000
SHARES OF SERIES A PREFERRED STOCK
Source text for Eikon: ID:nPn7FXsYLa
Further company coverage: AFIN.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Necessity Retail REIT
See all newsBrief: Global Net Lease Says Merger With RTL Is Expected To Close On September 12, 2023
Brief: Blackwells Capital Reiterates Support For Combination Of Global Net Lease And Necessity Retail REIT
Brief: Necessity Retail REIT Inc - Announces $260 Million CMBS Financing
Brief: Global Net Lease And Necessity Retail REIT Release Presentation Detailing Benefits Of Merger
Necessity Retail REIT Inc expected to post earnings of 23centsa share - Earnings Preview