trending Market Intelligence /marketintelligence/en/news-insights/trending/NWEZybOgUfat-ByfwgtS0A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Seritage Growth prices $70M preferred share offering

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Seritage Growth prices $70M preferred share offering

Seritage Growth Properties priced an offering of 2,800,000 of its 7.00% series A cumulative redeemable preferred shares of beneficial interest to raise $70.0 million.

The public offering, expected to close Dec. 14, also comes with a 30-day option for underwriters to buy up to an additional 420,000 series A preferred shares to cover overalloments, if any.

The company will channel proceeds from the offering to Seritage Growth Properties LP, in exchange for the operating partnership's preferred units. The partnership will then use the net proceeds to fund its redevelopment pipeline and for general corporate purposes.

The joint book-running managers for the offering are Morgan Stanley & Co. LLC, UBS Securities LLC and Stifel Nicolaus & Co. Inc.