TPG RE Finance Trust, Inc. Announces Redemption of 11% Series B Cumulative Redeemable Preferred Stock
June 16 2021 - 9:51AM
Business Wire
TPG RE Finance Trust, Inc. (NYSE: TRTX) (the “Company”) today
announced the redemption of its 11% Series B Cumulative Redeemable
Preferred Stock (the “Series B Preferred Stock”). The Company
redeemed all 9,000,000 outstanding shares of the Series B Preferred
Stock at an aggregate redemption price of approximately $247.5
million. As a result of the redemption, dividends will no longer
accrue or be declared on any shares of Series B Preferred Stock,
and no shares of Series B Preferred Stock remain outstanding.
About TPG RE Finance Trust, Inc.
TPG RE Finance Trust, Inc. is a commercial real estate finance
company that originates, acquires, and manages primarily first
mortgage loans secured by institutional properties located in
primary and select secondary markets in the United States. The
Company is externally managed by TPG RE Finance Trust Management,
L.P., a part of TPG Real Estate, which is the real estate
investment platform of global alternative asset firm TPG.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210616005624/en/
INVESTOR RELATIONS +1 (212) 405-8500
IR@tpgrefinance.com
MEDIA TPG RE Finance Trust, Inc. Courtney Power +1 (415)
743-1550 media@tpg.com
TPG Real Estate Finance (NYSE:TRTX)
Historical Stock Chart
From Mar 2024 to Apr 2024
TPG Real Estate Finance (NYSE:TRTX)
Historical Stock Chart
From Apr 2023 to Apr 2024