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Pennsylvania Real Estate Investment Trust (PEI.N)

PEI.N on New York Stock Exchange

10.94USD
16 Jul 2018
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Latest Key Developments (Source: Significant Developments)

PREIT Executes Successful Recast Of $700 Mln Revolving Credit, Term Loan Facility
Tuesday, 29 May 2018 

May 29 (Reuters) - Pennsylvania Real Estate Investment Trust ::PREIT EXECUTES SUCCESSFUL RECAST OF $700 MILLION REVOLVING CREDIT AND TERM LOAN FACILITY.PREIT - EXECUTION OF MODIFICATION & EXTENSION OF $400 MILLION UNSECURED REVOLVING CREDIT FACILITY AND 2 $150 MILLION 5-YEAR TERM LOANS.PREIT - PRICING, CAPACITY AND VALUATIONS REMAIN UNCHANGED ON FACILITIES; MATURITY NOW IN 2023.  Full Article

PREIT Reports Year-To-Date Comparable Store Sales Up 8.2 Pct Through Feb
Wednesday, 18 Apr 2018 

April 18 (Reuters) - Pennsylvania Real Estate Investment Trust ::PREIT - YEAR-TO-DATE COMPARABLE STORE SALES IN ITS PORTFOLIO WERE UP 8.2% THROUGH FEBRUARY.PREIT - AS A RESULT OF PREIT'S DISPOSITION, STRATEGY, IT REDUCED ITS BON-TON EXPOSURE FROM 10 IN 2012 TO 2 TODAY.  Full Article

Preit reports Q3 adjusted FFO per share $0.42
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Pennsylvania Real Estate Investment Trust :Preit reports third quarter 2017 results.Sees FY 2017 FFO per share $1.53 to $1.58.Sees FY 2017 adjusted FFO per share $1.62 to $1.67.Q3 adjusted FFO per share $0.42.FY2017 FFO per share view $1.65 -- Thomson Reuters I/B/E/S.Q3 FFO per share view $0.41 -- Thomson Reuters I/B/E/S.  Full Article

GGP brings biggest pro-rata term loan of 2018

NEW YORK, April 26 (LPC) - A US$7bn crossover loan package backing the US$15.3bn cash and stock acquisition of GGP, the second-largest mall owner in the US, by global commercial real estate giant Brookfield Property Partners LP, includes the biggest term loan A (TLA) financing of the year so far.