Postal Realty Trust (PSTL) Announces Proposed 3.5M Class A Share Offering
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rebounds, but yield surge sets stage for weekly losses
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Supermicro probe finds no senior management link to export violations
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
- SpaceX shares fall as second lockup period ends
Postal Realty Trust Launches Public Offering of Class A Common Stock
July 13, 2020 4:15 PM EDTCEDARHURST, N.Y.--(BUSINESS WIRE)-- Postal Realty Trust, Inc. (NYSE: PSTL) (the Company), an internally managed real estate investment trust that owns properties leased to the United States Postal Service (the USPS), today announced the launch of a public offering of 3,500,000 shares of its Class A common stock. In addition, the Company expects to grant to the underwriters a 30-day option to purchase up to an additional 525,000 shares of Class A common stock.
The Company intends to use the net proceeds of this offering to repay indebtedness under its senior revolving credit... More
