Financial Arrangements, Dividends, Upcoming Results, and New Contracts - Analyst Notes on Ryman Hospitality Properties, W.P. Carey, Weingarten Realty, Duke Realty and Two Harbors Investment
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NEW YORK, June 26, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Ryman Hospitality Properties, Inc. (NYSE: RHP), W.P. Carey Inc. (NYSE: WPC), Weingarten Realty Investors (NYSE: WRI), Duke Realty (NYSE: DRE) and Two Harbors Investment Corp. (NYSE: TWO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4134-100free.
Ryman Hospitality Properties, Inc. Analyst Notes
On June 18, 2014, Ryman Hospitality Properties, Inc. (Ryman Hospitality Properties) announced that it has added an additional senior secured $400 million term loan (Term Loan B) to its existing credit agreement, set to mature in January 2021. The Term Loan B bears an interest rate equal to LIBOR plus a 3.00% applicable margin, subject to a LIBOR floor of 0.75%. Proceeds received from the loan will be used to repay revolving loans under the Company's existing credit facility, as well as to repay the Company's outstanding 3.75% convertible notes, or to settle, either in whole or in part, the warrant transactions entered in connection with the issuance of the 3.75% convertible notes. The full analyst notes on Ryman Hospitality Properties are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/RHP/report.pdf
W.P. Carey Inc. Analyst Notes
On June 19, 2014, W.P. Carey Inc. (W.P. Carey) declared that it has increased its quarterly cash dividend to $0.90 per share, which equates to an annualized rate of $3.60. The Company informed that this marks W. P. Carey's 53rd consecutive quarterly dividend increase. The payment will be made on July 15, 2014 to shareholders of record as of June 30, 2014. The full analyst notes on W.P. Carey are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/WPC/report.pdf
Weingarten Realty Investors Analyst Notes
On June 13, 2014, Weingarten Realty Investors (Weingarten Realty) announced that it will release its Q2 2014 financial results on July 24, 2014, after the market closes. A conference call to discuss these results will be held the next day, July 25, 2014 at 10:00 a.m. CT and will be hosted by the Company's Senior Management team. The live conference call, as well as its audio archive, can be accessed at the Company's Investor Relations website. The full analyst notes on Weingarten Realty are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/WRI/report.pdf
Duke Realty Analyst Notes
On June 23, 2014, Duke Realty posted on its website that Walmart has selected Browning/Duke Realty, a joint venture partnership between two of Indianapolis' largest commercial real estate companies, to develop its new e-commerce warehouse and distribution center. The 1.2 million-square-foot, state-of-the-art industrial building is being built to Walmart's specifications on a 64-acre site in AllPoints Midwest, a bulk industrial campus in Plainfield that is also being developed by the two companies. The Company said that the building provides convenient access to the highway as well as to other transportation options such as air freight through Indianapolis International Airport, and rail service through CSX Railroad's Avon intermodal yard. Also, Duke Realty informed that the build-to-suit facility is scheduled for delivery in late 2014. Charlie Podell, Senior Vice President of Duke Realty's Indiana Operations, said, "We are pleased to be able to meet Walmart's need for a first-class, built-to-suit facility in a readily accessible location in an accelerated timeline." The full analyst notes on Duke Realty are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/DRE/report.pdf
Two Harbors Investment Corp. Analyst Notes
On June 17, 2014, Two Harbors Investment Corp. (Two Harbors Investment) declared a quarterly dividend of $0.26 per share of common stock for Q2 2014. The dividend is payable on July 22, 2014 to common stockholders of record at the close of business on July 2, 2014. The full analyst notes on Two Harbors Investment are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/TWO/report.pdf
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