RAMCO-GERSHENSON PROPERTIES TRUST (NYSE:RPT) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 Entry into a Material Definitive Agreement
RAMCO-GERSHENSON PROPERTIES TRUST (NYSE:RPT) Files An 8-K Entry into a Material Definitive Agreement
On November 30, 2016, Ramco-Gershenson Properties Trust (the “Registrant”) through its majority-owned operating partnership subsidiary Ramco-Gershenson Properties L.P. (the “Operating Partnership”), completed a private placement of $75 million principal amount of senior unsecured notes. The notes were issued with maturities of 12 years with an interest rate of 3.64%.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of Registrant
The information set forth in Item 1.01 is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
10.1 Note Purchase Agreement, dated August 19, 2016 by Ramco-Gershenson Properties, L.P.
99.1 Press Release dated December 7, 2016.
About RAMCO-GERSHENSON PROPERTIES TRUST>> (NYSE:RPT)
Ramco-Gershenson Properties Trust is an integrated real estate investment trust. The Company’s primary business is the ownership and management of multi-anchored shopping centers primarily in approximately 10 metropolitan markets in the United States. The Company’s property portfolio includes approximately 70 shopping centers and an office building comprising approximately 15.3 million square feet. The Company primarily conducts its business through its operating partnership, Ramco-Gershenson Properties, L.P. The Company’s properties include Crofton Centre in Maryland; Clinton Pointe, Clinton Valley, Gaines Marketplace, Livonia Plaza, Hoover Eleven and Jackson West in Michigan; Woodbury Lakes in Minnesota; Central Plaza, Deer Creek Shopping Center and Heritage Place in Missouri; Bridgewater Falls, Olentangy Plaza and Rossford Pointe in Ohio, and East Town Plaza, Nagawaukee Center and West Allis Towne Centre in Wisconsin. RAMCO-GERSHENSON PROPERTIES TRUST>> (NYSE:RPT) Recent Trading Information
RAMCO-GERSHENSON PROPERTIES TRUST>> (NYSE:RPT) closed its last trading session down -0.57 at 16.68 with 371,386 shares trading hands.
Ramco-Gershenson Properties Trust is an integrated real estate investment trust. The Company’s primary business is the ownership and management of multi-anchored shopping centers primarily in approximately 10 metropolitan markets in the United States. The Company’s property portfolio includes approximately 70 shopping centers and an office building comprising approximately 15.3 million square feet. The Company primarily conducts its business through its operating partnership, Ramco-Gershenson Properties, L.P. The Company’s properties include Crofton Centre in Maryland; Clinton Pointe, Clinton Valley, Gaines Marketplace, Livonia Plaza, Hoover Eleven and Jackson West in Michigan; Woodbury Lakes in Minnesota; Central Plaza, Deer Creek Shopping Center and Heritage Place in Missouri; Bridgewater Falls, Olentangy Plaza and Rossford Pointe in Ohio, and East Town Plaza, Nagawaukee Center and West Allis Towne Centre in Wisconsin. RAMCO-GERSHENSON PROPERTIES TRUST>> (NYSE:RPT) Recent Trading Information
RAMCO-GERSHENSON PROPERTIES TRUST>> (NYSE:RPT) closed its last trading session down -0.57 at 16.68 with 371,386 shares trading hands.
