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home / news releases / AFINP - American Finance Trust: The ATM Program Rapidly Increases The Share Count


AFINP - American Finance Trust: The ATM Program Rapidly Increases The Share Count

  • American Finance Trust is taking advantage of its $200M At The Market equity offering program.
  • The REIT is printing common shares which put the brakes on the per-share FFO and AFFO performance.
  • It is however good news for the preferred shareholder as issuing common shares increases the amount of equity ranked junior to the preferred shares.

For further details see:

American Finance Trust: The ATM Program Rapidly Increases The Share Count
Stock Information

Company Name: American Finance Trust Inc. 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock
Stock Symbol: AFINP
Market: NASDAQ
Website: necessityretailreit.com

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