Ryman Hospitality Properties (RHP) to offer 3.5 million common shares
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Ryman Hospitality Properties, Inc. Announces Offering of 3,500,000 Shares of Common Stock
June 5, 2023 5:29 PM EDTNASHVILLE, Tenn., June 05, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the Company) today announced that it has commenced an underwritten registered public offering (the Offering) of 3,500,000 shares of its common stock, par value $0.01 per share. The Company expects to grant the underwriters a 30-day option to purchase up to 525,000 additional shares of common stock.
The Company expects to contribute the net proceeds of the Offering to RHP Hotel Properties, LP (the Operating Partnership). The Operating Partnership intends to use all of the net proceeds of the Offering to fund a... More
