CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) Files An 8-K Regulation FD Disclosure
Item 7.01
|
Regulation FD Disclosure
|
that it intends to commence an underwritten public offering of
depositary shares, each representing 1/100th of a share of its
7.375% Series A Cumulative Redeemable Preferred Stock. The
offering will be made, subject to market and other conditions, to
a prospectus supplement and an accompanying prospectus filed as
part of an effective shelf registration statement filed with the
Securities and Exchange Commission on Form S-3. Wells Fargo
Securities and Stifel will act as joint book running managers for
the offering. The Company plans to use the net proceeds from the
offering to repay indebtedness under its credit facility and/or
for general corporate purposes.
Report on Form 8-K.
|
Item 9.01
|
Financial Statements and Exhibits.
|
|
|
(d)
|
Exhibits
|
|
|
99.1
|
Press Release announcing Proposed Offering of 7.375%
Series A Cumulative Redeemable Preferred Stock, dated April 11, 2017 |
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 +1.27 at 35.48 with 98,051 shares trading hands.