Ramco-Gershenson (RPT) Prices 5.5M Offering at $12.10/Share
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Price: $17.66 +0.17%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 3.8%
Revenue Growth %: +10.3%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 3.8%
Revenue Growth %: +10.3%
Trade RPT Now!
Ramco-Gershenson Properties Trust (NYSE: RPT) announced today the pricing of its underwritten public offering of 5,500,000 newly issued common shares of beneficial interest at $12.10 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 825,000 common shares of beneficial interest. Subject to customary conditions, the offering is expected to close on May 22, 2012.
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