(MENAFNEditorial) ATLANTA, Oct. 17, 2017 /PRNewswire/ --CatchMark Timber Trust, Inc. (CatchMark) today announced the completion of its underwritten public offering of 4,600,000 shares of Class A common stock at $12.35 per share. The number of shares includes the exercise in full of the underwriters' option to purchase up to 600,000 additional shares.
Raymond James, Stifel, and RBC Capital Markets served as joint book-running managers for the offering. FBR Capital Markets & Co. served as the lead manager for the offering.
A copy of the final prospectus for the offering may be obtained by contacting: Raymond James & Associates, Inc., Attention: Syndicate Department, 880 Carillon Parkway, St. Petersburg, FL 33716, telephone: (800) 248-8863, email: ; or Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate Department, One South Street, 15th Floor, Baltimore, MD 21202, telephone: (855) 300‐7136, email: .
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
About CatchMark
CatchMark Timber Trust, Inc. (NYSE: ) is a self-administered and self-managed, publicly-traded REIT that strives to deliver superior risk-adjusted returns for all stakeholders through disciplined acquisitions, sustainable harvests and well-timed sales. Headquartered in Atlanta and focused exclusively on timberland ownership, CatchMark began operations in 2007 and owns interests in approximately 502,600 acres* of timberland located in Alabama, Florida, Georgia, Louisiana, North Carolina, South Carolina, Tennessee and Texas.
*as of June 30, 2017
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