Excel Trust Announces Pricing of $50 Million of 7.00% Series A Cumulative Convertible Perpetual Preferred Stock

Excel Trust, Inc. , a retail focused real estate investment trust , today announced that it has priced a private offering of 2,000,000 shares of 7.00% Series A Cumulative Convertible Perpetual Preferred Stock, par value $0.01 per share, with a liquidation preference of $25.00 per share .

Read full post here. Yahoo! News

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