CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) Files An 8-K Regulation FD Disclosure
Item 7.01
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Regulation FD Disclosure.
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Company) issued a press release announcing closing of the sale of
an additional 150,000 depositary shares, representing
1/100th of a share of the Companys 7.375% Series A
Cumulative Redeemable Preferred Stock, to an exercise of the
underwriters over-allotment option. The additional sale generated
net proceeds of approximately $3.6 million, after deducting
underwriting discounts. The Company plans to use the additional
net proceeds from the offering for general corporate purposes.
The press release is furnished as Exhibit 99.1 to this Form 8-K
and is incorporated herein by reference.
| Item 9.01 |
Financial Statements and Exhibits.
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| (d) |
EXHIBITS.
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| 99.1 |
Press Release dated May 10, 2017
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About CorEnergy Infrastructure Trust, Inc. (NYSE:CORR)
CorEnergy Infrastructure Trust, Inc. is focused on acquiring and financing midstream and downstream real estate assets within the United States energy infrastructure sector and concurrently entering into long-term triple-net participating leases with energy companies. The Company also provides other types of capital, including loans secured by energy infrastructure assets. The Company owns assets, such as pipelines, storage terminals, and transmission and distribution assets. It assets include Grand Isle Gathering System, which is a subsea, crude oil pipeline system in the Gulf of Mexico; Pinedale Liquids Gathering System, which consists of approximately 150 miles of pipelines; Portland Terminal Facility, which is a rail and marine facility property; MoGas Pipeline System, which delivers natural gas to both investor-owned and municipal local distribution systems, and Omega Pipeline, which provides natural gas marketing services. CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) Recent Trading Information
CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) closed its last trading session up +0.06 at 35.90 with 115,840 shares trading hands.
