Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa (2 lettori)

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OFG Bankcorp B 7% Pref Perp$ 23,70990,0899(0,38%)10:42:25
Codice OFG B ISIN PR67103X3000
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Preferred Apartment Communities, Inc. — Preferred Stock Offering


Company: Preferred Apartment Communities, Inc.
Date announced: 5/8/2017
Shares Offered: 2,750,000
Date of Pricing: 5/9/2017
Price Per Share: $15.25
Preferred Stock Offering Details: Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced that it has agreed to sell 2,750,000 shares of its common stock in an underwritten public offering. In connection with this offering, PAC has granted the underwriters a 30-day option to purchase an additional 412,500 shares of its common stock. All shares in the offering are being offered by PAC. There can be no assurance as to whether or when the offering may be completed. PAC intends to use the net proceeds from this offering, including net proceeds from any exercise by the underwriters of their option to purchase additional shares of PAC's common stock, to repay outstanding indebtedness under PAC's existing senior secured revolving credit facility, and any remainder for other general corporate purposes, including making investments in accordance with PAC's investment objectives. -updated 5/9- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced the pricing of an underwritten public offering of 2,750,000 shares of its common stock, offered at a price of $15.25 per share to the public. All of the shares in the offering are to be sold by PAC. The offering is expected to close on or about May 12, 2017, subject to the satisfaction of customary closing conditions. PAC has granted the underwriters a 30-day option to purchase up to an aggregate of 412,500 additional shares. PAC intends to use the net proceeds from this offering, including net proceeds from any exercise by the underwriters of their option to purchase additional shares of PAC's common stock, to repay outstanding indebtedness under PAC's existing senior secured revolving credit facility, and any remainder for other general corporate purposes, including making investments in accordance with PAC's investment objectives.

Preferred Apartment Communities is a real estate investment trust. Co. acquires and operates multifamily properties. Co. may enter into forward purchase contracts or purchase options for multifamily communities, and make real estate related loans, provide deposit arrangements or provide performance assurances in connection with the construction of multifamily communities and other properties. Co. may also acquire or originate senior mortgage loans, subordinated loans or real estate loans secured by interests in multifamily properties, membership or partnership interests in multifamily properties and other multifamily related assets and invest in other real estate related investments.
 

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Scorpio Tankers Inc. (NASDAQ:STNG) was upgraded by analysts at Bank of America Corp from an "underperform" rating to a "buy" rating. They now have a $4.00 price target on the stock. 4.8% downside from the previous close of $4.20.
 

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