NYSE:OUTSpecialized REITs
OUTFRONT Media Refinances Debt And Weighs Dilution Against Growth Story
OUTFRONT Media (NYSE:OUT) has launched a private offering of US$500 million of 6.000% senior notes due 2034.
The company plans to use the proceeds to redeem its outstanding senior notes due 2027 ahead of schedule.
OUTFRONT Media also filed a new shelf registration to issue common stock for its employee stock ownership plan.
OUTFRONT Media is an outdoor advertising company, with assets such as billboards and transit displays that connect brands with commuters and urban audiences. The fresh...