trending Market Intelligence /marketintelligence/en/news-insights/trending/qexy6u4nyns3ectj02ty_q2 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

CIM Commercial Trust announces preferred stock 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


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

CIM Commercial Trust announces preferred stock offering

Office real estate investment trust CIM Commercial Trust Corp. is offering up to 36.0 million shares of its series A preferred stock and warrants to buy up to 9.0 million shares of its common stock.

The preferred stock and warrants will be sold in units, with each unit comprising one share of series A preferred stock with an initial stated value of $25 apiece along with one warrant to buy one-fourth of a share of common stock. Holders of the warrants can exercise them at a 15% premium to the applicable net asset value. Each unit will be sold at a public offering price of $25.

Assuming the maximum offering, CIM Commercial estimates that it will receive about $826.5 million in net proceeds, which it plans to use for general corporate purposes, purchase of its common shares and for acquisitions.