Winthrop Realty Trust Announces Pricing of Public Offering of Common Shares
BOSTON, Sept. 26, 2013 (GLOBE NEWSWIRE) -- Winthrop Realty Trust (NYSE:FUR)
("Winthrop") announced that it priced a public offering of 2,750,000 of its
common shares of beneficial interest at a per share price of $11.45. Winthrop
granted the underwriters an option for 30 days to purchase up to an additional
412,500 shares of common stock in connection with the offering.
Winthrop intends to use the net proceeds from the offering to fund future
acquisitions which may include the recently announced acquisition of four
luxury apartment buildings, and/or for general working capital purposes,
including funding capital expenditures, tenant improvements and leasing
The offering is being made pursuant to Winthrop's effective shelf registration
statement previously filed with the Securities and Exchange Commission. The
offering of these securities will be made only by means of a prospectus and a
related prospectus supplement. Copies of the prospectus and prospectus
supplement may be obtained from Stifel, Nicolaus & Company, Incorporated, One
South Street, 15th Floor, Baltimore, MD 21202, Attention: Syndicate Department
or by telephone at (443) 224‐1988; or from JMP Securities LLC, 600 Montgomery
Street, 10th Floor, San Francisco, California 94111, or by telephone at, (415)
An electronic copy of the prospectus supplement and the accompanying
prospectus will also be available on the website of the Securities and
Exchange Commission at http://www.sec.gov.
This communication 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 in which the offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of that state.
Winthrop Realty Trust is a NYSE-listed real estate investment trust (REIT)
headquartered in Boston, Massachusetts. Additional information on Winthrop
Realty Trust is available on its Web site at www.winthropreit.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995.With the exception of the historical information contained in this news
release, the matters described herein contain "forward-looking" statements
that involve risk and uncertainties that may individually or collectively
impact the matters herein described.These are detailed from time to time in
the "Risk Factors" section of the Company's SEC reports. Further information
relating to the Company's financial position, results of operations, and
investor information is contained in the Company's annual and quarterly
reports filed with the SEC and available for download at its website
www.winthropreit.com or at the SEC website www.sec.gov.
CONTACT: Winthrop Realty Trust
Investor or Media Inquiries
Phone: (617) 570-4614
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