Ramco-Gershenson (RPT) Prices 5.5M Offering at $12.10/Share
Get Alerts RPT Hot Sheet
Price: $10.81 -1.28%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: -150.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: -150.0%
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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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