Ramco-Gershenson files $500 million shelf for stock, debt, preferreds

By Devika Patel

Knoxville, Tenn., June 9 - Ramco-Gershenson Properties Trust filed a $500 million shelf in an S-3 filing with the Securities and Exchange Commission.

The registration covers debt securities, preferred shares, common shares, depositary shares, warrants and rights.

The securities may be structured as convertibles.

Proceeds will be used for working capital and other general corporate purposes.

Ramco-Gershenson, based in Farmington Hills, Mich., is a real estate investment trust.

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