PreferredStockChannel

Slideshow Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Sat, December 4, 2:48 AM

Slide #363. Urstadt Biddle Properties Inc. Preferred Stock Offering

Company: Urstadt Biddle Properties Inc. (NYSE:UBA)
Date announced: 10/21/2014
Security type: 6.75% Series G Cumulative Redeemable Preferred Stock (UBP.PRG)
Shares Offered: 2,800,000
Date of Pricing: 10/22/2014
Price Per Share: $25
Preferred Stock Offering Details: Urstadt Biddle Properties Inc. (NYSE:UBA) (the "Company"), a self-administered equity real estate investment trust today announced the commencement of a public offering of 2,450,000 shares of its Series G Cumulative Redeemable Preferred Stock. In connection with the offering, the Company intends to grant the underwriters an option for 30 days to purchase an additional 367,500 shares to cover overallotments, if any. BMO Capital Markets is the sole book-running manager for the offering. Deutsche Bank Securities and Stifel are acting as joint lead managers for the offering. J.J.B. Hilliard, W.L. Lyons, LLC, Wunderlich Securities and BNY Mellon Capital Markets, LLC are acting as co-managers for the offering. - updated 10/22 - Urstadt Biddle Properties Inc. (NYSE:UBA) (the "Company"), a self-administered equity real estate investment trust today announced that it has priced a public offering of 2,800,000 shares of its 6.75% Series G Cumulative Redeemable Preferred Stock, liquidation preference of $25.00 per share, for estimated net proceeds before expenses of approximately $67.8 million. The offering is subject to customary closing conditions and is expected to close on or about October 28, 2014.

Urstadt Biddle Properties is a real estate investment trust engaged in the acquisition, ownership and management of commercial real estate. Co.'s business is the ownership of real estate investments, which consist principally of investments in properties, with primary focus on neighborhood and community shopping centers in the metropolitan New York tri-state area outside of the City of New York. In addition to its business of owning and managing real estate, Co. is involved in the beer, wine and spirits retail business, through its subsidiaries. Each subsidiary corporation owns and operates a beer, wine and spirits retail store at one of Co.'s shopping centers.
Open the UBA Page at Preferred Stock Channel »
Open the UBP.PRG Page at Preferred Stock Channel for More Information About this Preferred »

Name: 
Urstadt Biddle Properties Inc
Website: 
www.ubproperties.com
Sector: 
REITs
Number of ETFs Holding UBA: 
50 (see which ones)
Total Market Value Held by ETFs: 
$151,848,845.44
Total Market Capitalization: 
$568,000,000
% of Market Cap. Held by ETFs: 
26.73%
 

Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
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 363 of 573 | www.PreferredStockChannel.com

Copyright © 2010 - 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 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.