Morgan Stanley, BofA Securities,
Concurrently with the completion of the public offering, Safehold will sell to
The Company intends to use the net proceeds from the public offering and concurrent private placement to make additional investments in ground leases, to repay outstanding borrowings under the Company’s revolving credit facility and for general corporate purposes.
This press release does not constitute an offer to sell or the solicitation of an offer to buy shares of common stock, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
The public offering is being made pursuant to an effective shelf registration statement and a preliminary prospectus supplement and accompanying prospectus filed by the Company with the
About Safehold:
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SOURCE Safehold
Safehold Inc.
Symbol: SAFE
CIK: 1688852
Exchange: NYSE
Founded: 2016 (7 years)
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Diversified, Specialty
Externally Managed REIT
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score.
Latest Price: $34.83
High: $35.27
Low: $34.66
Open: $34.92
Previous Close: $34.96
Volume: 19,552
52-Week High: $65.98
52-Week Low: $23.50
Last updated: 2023-02-01 - v1.1