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Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Thu, December 2, 10:29 AM
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Slide #555. Artis Real Estate Investment Trust — Preferred Stock Offering
Company:
Artis Real Estate Investment Trust (TSE:AX.UN.CA)
Price Per Share:
$25
Closed Date:
9/18/2012
Preferred Stock Offering Details:
Artis Real Estate Investment Trust announced that it has closed its previously announced marketed public offering of Cumulative Rate Reset Preferred Trust Units, Series C. Pursuant to the Financing, Artis issued 3.0 million Series C Units at a price of US$25 per Series C Unit for gross proceeds to Artis of US$75,000,000.
Artis Real Estate Investment Trust is a commercial real estate investment trust in Canada. Co.'s portfolio consists of office, retail and industrial properties in Canada and select markets in the U.S.
Preferreds: AX.PRA.CA, AX.PRE.CA, AX.PRU.CA
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