Memphis People in Business: Feb 18, 2021 msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Gladstone Land Corporation Announces Pricing of Preferred Stock Offering
MCLEAN, VA / ACCESSWIRE / January 13, 2021 / Gladstone Land Corporation (NASDAQ:LAND) (the Company ) announced that it has priced its public offering of 2,100,000 shares of its newly designated 5.00% Series D Cumulative Term Preferred Stock (the Series D Preferred Stock ) at a price to the public of $25.00 per share. The Company also granted the underwriters a 30-day option to purchase up to 315,000 additional shares of Series D Preferred Stock solely to cover over-allotments, if any. Subject to customary conditions, the offering is expected to close on or about January 19, 2021. The net proceeds to the Company, after deducting the underwriting discount and estimated offering expenses, are expected to be approximately $50.7 million (exclusive of the underwriters over-allotment option).
January 12, 2021 Gladstone Land Corporation Announces Preferred Stock Offering MCLEAN, VA / ACCESSWIRE / January 12, 2021 /Gladstone Land. | January 16, 2021
Gladstone Land Corporation Announces Preferred Stock Offering newjerseytelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newjerseytelegraph.com Daily Mail and Mail on Sunday newspapers.
WSFS Financial Corporation Announces Closing of Senior Notes Offering Historically low initial coupon of 2.75% by a Kroll only rated senior debt
December 08, 2020 16:05 ET | Source: WSFS Financial Corporation WSFS Financial Corporation Wilmington, Delaware, UNITED STATES
WILMINGTON, Del., Dec. 08, 2020 (GLOBE NEWSWIRE) WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced that it has closed the public offering of $150 million aggregate principal amount of Fixed-to-Floating Rate Senior Notes due 2030 (the “Notes”), which was priced on December 3, 2020. The initial fixed interest rate of 2.75% is the lowest coupon obtained by a Kroll only rated senior debt issuance.
The Notes will bear interest from and including December 8, 2020 to but excluding December 15, 2025, at a fixed rate of 2.75% per annum, payable semi-annually in arrears. From December 15, 2025 to but excludin