Ryman Hospitality Properties (RHP) Announces Proposed 3M Share Common Offering

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Ryman Hospitality Properties, Inc. Announces Offering of 3,000,000 Shares of Common Stock

December 9, 2019 4:25 PM EST

NASHVILLE, Tenn., Dec. 09, 2019 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the Company) today announced that it plans to make a public offering of 3,000,000 shares of its common stock, par value $0.01 per share, in an underwritten registered public offering (the Offering). The Company expects to grant the underwriters a 30-day option to purchase up to 450,000 additional shares of common stock.

The Company intends to use a portion of the net proceeds of the Offering (after deducting the underwriting discounts and commissions and other estimated expenses of the Offering payable... More