Campus Crest Communities, Inc. CCG today announced it
closed an underwritten public offering of 2,300,000 shares of its 8.0% Series
A Cumulative Redeemable Preferred Stock,
including 300,000 shares issued and sold pursuant to the exercise of the
underwriters' overallotment option in full.
The shares of Series A Preferred Stock were issued at a public offering price
of $25.00 per share, for net proceeds of approximately $55.4 million, after
deducting the underwriting discount and other estimated offering costs.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in