Nov 20 (Reuters) - Independence Realty Trust Inc :Independence Realty Trust obtains $100 million term loan.Independence Realty Trust Inc - entered into a seven-year, $100 million unsecured term loan that will reach maturity in November 2024.Independence Realty Trust - proceeds will reduce borrowings currently outstanding under revolving portion of $300 million unsecured credit facility.Independence Realty Trust Inc - agreement increases capacity on current line of credit.
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Independence Realty Trust Inc : Says offering 25.0 million common shares . Announces public offering of common stock . Intends to use net proceeds from offering to repay in full company's $40.0 million senior secured term loan facility . Also intends to use net proceeds from offering to pay $43.0 million for previously-announced internalization of co's management .Any remaining proceeds will be used to repay outstanding borrowings under co's $325 million senior secured credit facility.
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Independence Realty Trust Inc : Independence realty trust announces second quarter 2016 financial results . Q2 earnings per share $0.61 . Q2 core FFO per share $0.22 . Q2 earnings per share view $0.27 -- Thomson Reuters I/B/E/S . Eps now projected to be in a range of $0.54-$0.58 for 2016 . Sees 2016 cffo per share in range of $0.84-$0.88 per common share .Sees 2016 cffo per share projected to be in range of $0.84-$0.88 per common share.
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