NorthStar Realty Europe (NRE) Reports Q1 Loss of $0.49/Share
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NorthStar Realty Europe Announces First Quarter 2016 Results
May 13, 2016 7:00 AM EDTNEW YORK, May 13, 2016 /PRNewswire/ -- NorthStar Realty Europe Corp. (NYSE: NRE) ("NorthStar Realty Europe" or "NRE") today announced its results for the first quarter ended March 31, 2016.
Highlights
Cash available for distribution ("CAD") of $0.22 per share First quarter 2016 cash dividend of $0.15 per share Closed $75 million corporate revolving credit facility Repurchased $45 million of NorthStar Realty Europe common stock since November 2015 Repurchased $150 million of 4.625% senior stock-settable notes in February 2016 In excess of $750 million of primarily non-strategic... More