BRE Select Hotels calls 7% series A cumulative redeemable preferreds

By Wendy Van Sickle

Columbus, Ohio, Nov. 14 – BRE Select Hotels Corp. called all 22,876,901 outstanding shares of its 7% series A cumulative redeemable preferred stock for redemption, according to an 8-K filing with the Securities and Exchange Commission.

The preferreds will be redeemed on Dec. 9 at a redemption price of $1.9319 per share, which comprises the $1.90 liquidation preference per share and $0.0319 in accumulated dividends per share earned through the redemption date.

BRE Select Hotels is a New York real estate investment trust focused on the ownership of upscale, extended-stay and select-service hotels.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.