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SOURCE CatchMark Timber Trust, Inc.
NORCROSS, Ga., Dec. 17, 2013 /PRNewswire/ -- CatchMark Timber Trust, Inc. (CatchMark Timber) today announced the completion of its underwritten public offering of 10,526,316 shares of Class A common stock at $13.50 per share. CatchMark Timber's Class A common stock is now listed on the New York Stock Exchange under the ticker symbol "CTT." The Company's shares of Class B-1, B-2 and B-3 common stock will convert to listed shares of Class A common stock in phases.
Raymond James, Baird and Stifel served as joint book-running managers for the offering. Mitsubishi UFJ Securities and Janney Montgomery Scott served as co-managers for the offering.
A copy of the final prospectus for the offering may be obtained by contacting: Raymond James & Associates, Inc., Attention: Syndicate Department, 880 Carillon Parkway, St. Petersburg, FL 33716, telephone: (800) 248-8863, email: firstname.lastname@example.org; Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 E. Wisconsin Ave., Milwaukee, Wisconsin 53202, telephone: (800) 792-2473, email: email@example.com; or Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate Department, One South Street, 15th Floor, Baltimore, MD 21202, telephone: (855) 300-7136, email: SyndProspectus@stifel.com.
This press release 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 or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
About CatchMark Timber
CatchMark Timber Trust, Inc. is a self-administered and self-managed publicly traded REIT that began operations in 2006 and owns interests in approximately 280,000 acres of timberland located on the Lower Piedmont and Upper Coastal Plains of East Central Alabama and West Central Georgia. CatchMark Timber owns approximately 247,200 acres and leases approximately 32,800 additional acres from third parties. CatchMark Timber maintains a website at www.CatchMarkTimber.com.
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