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Sparebank 1 SMN: SpareBank 1 SMN: Successful issuance of Senior Non-Preferred Bond in NOK

SpareBank 1 SMN has today issued a fixed and floating rate senior non-preferred bond of a combined size of NOK 1.5 billion with a tenor of 6 years and one month. First call option after 5 years and ....

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Gladstone Land Corporation Announces Pricing of Preferred Stock Offering


Gladstone Land Corporation Announces Pricing of Preferred Stock Offering
MCLEAN, VA / ACCESSWIRE / January 13, 2021 / Gladstone Land Corporation (NASDAQ:LAND) (the Company ) announced that it has priced its public offering of 2,100,000 shares of its newly designated 5.00% Series D Cumulative Term Preferred Stock (the Series D Preferred Stock ) at a price to the public of $25.00 per share. The Company also granted the underwriters a 30-day option to purchase up to 315,000 additional shares of Series D Preferred Stock solely to cover over-allotments, if any. Subject to customary conditions, the offering is expected to close on or about January 19, 2021. The net proceeds to the Company, after deducting the underwriting discount and estimated offering expenses, are expected to be approximately $50.7 million (exclusive of the underwriters over-allotment option). ....

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Gladstone Land Corporation Announces Conditional Optional Redemption of all Outstanding Shares of Its Series A Preferred Stock


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MCLEAN, VA / ACCESSWIRE / January 12, 2021 / Gladstone Land Corporation (NASDAQ:LAND) (the Company ), today announced the conditional optional redemption of all of the outstanding shares of its 6.375% Series A Cumulative Term Preferred Stock, par value $0.001 per share (the Series A Preferred Stock ). The optional redemption is contingent upon the closing of an offering of the Company s Series D Cumulative Term Preferred Stock on or prior to February 11, 2021, with net proceeds to the Company sufficient to effect the redemption of the Series A Preferred Stock. The Company may waive the contingencies with respect to the redemption, may authorize a partial redemption and may cancel the redemption at its sole discretion. There can be no assurance that the Company will complete the redemption. ....

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