PreferredStockChannel

Slideshow Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Sun, August 14, 9:12 PM

Slide #412. Apartment Investment and Management Company Preferred Stock Offering

Company: Apartment Investment and Management Company (NYSE:AIV)
Date announced: 5/12/2014
Security type: 6.875% Class A Cumulative Preferred Stock (AIV.PRA)
Shares Offered: 5,000,000
Date of Pricing: 5/12/2014
Price Per Share: $25.00
Preferred Stock Offering Details: Apartment Investment and Management Company announced that it has priced an underwritten public offering of five million shares of its 6.875% Class A Cumulative Preferred Stock. The shares were priced at $25 per share for gross proceeds to Aimco of $125 million. The net proceeds of the offering are expected to be approximately $121.1 million and will be used by Aimco for general corporate purposes, which may include repayment of indebtedness under its revolving credit facility and repayment of non-recourse property debt.

Apartment Investment and Management is a self-administered and self-managed real estate investment trust primarily focused on the multifamily sector and located within the continental United States. Co. through a wholly-owned subsidiary, is the general partner and directly is the special limited partner of the Aimco OP L.P. (Aimco Operating Partnership). Co. conducts all of its business and owns all of its assets through the Aimco Operating Partnership. Co. owns and operates a portfolio of apartment communities in several states and the District of Columbia.

Preferreds: AIV.PRZ, AIV.PRA


Open the AIV Page at Preferred Stock Channel »
Open the AIV.PRA Page at Preferred Stock Channel for More Information About this Preferred »

Name: 
Apartment Investment & Management Co
Website: 
www.aimco.com
Sector: 
REITs
Number of ETFs Holding AIV: 
29 (see which ones)
Total Market Value Held by ETFs: 
$255,034,686.65
Total Market Capitalization: 
$1,374,000,000
% of Market Cap. Held by ETFs: 
18.56%
 

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 412 of 582 | www.PreferredStockChannel.com

Copyright © 2010 - 2022, 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.