Preferred Stock Offerings
By Ru Back Packer Staff, updated Sunday, January 28, 9:11 AM
Slide #143. Sunstone Hotel Investors, Inc. — Preferred Stock Offering
||Sunstone Hotel Investors, Inc. (NYSE:SHO)
|Preferred Stock Offering Details:
||Sunstone Hotel Investors, Inc. (NYSE: SHO) (the "Company") announced today that it has priced an underwritten public offering of 4,600,000 shares of its 6.95% Series E Cumulative Redeemable Preferred Stock (the "Series E Preferred Shares") for gross proceeds of $115 million.
Sunstone Hotel Investors is a real estate investment trust. Co., through its 100% controlling interest in Sunstone Hotel Partnership, LLC (the Operating Partnership), of which Co. is the sole managing member, and the subsidiaries of the Operating Partnership, including Sunstone Hotel TRS Lessee, Inc. and its subsidiaries, is engaged in acquiring, owning, asset managing and renovating hotel properties. Co.'s hotels are operated under brand names such as Marriott, Hilton, Hyatt, Fairmont, and Sheraton. Co.'s portfolio primarily consists of upper upscale hotels in the U.S. As of Dec 31 2016, Co. had interests in 28 hotels comprised of 13,666 rooms located in 13 states and in Washington, D.C.
Preferreds: SHO.PRA, SHO.PRD, SHO.PRE, SHO.PRF
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||Sunstone Hotel Investors Inc
|Number of ETFs Holding SHO:
||36 (see which ones)
|Total Market Value Held by ETFs:
|Total Market Capitalization:
|% of Market Cap. Held by ETFs:
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