4/1/2024 | DD | PREIT emerges from Chapter 11 bankruptcy, cuts $880 million of debt
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4/1/2024 | BK | PREIT emerges from Chapter 11 bankruptcy, cuts $880 million of debt
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2/28/2024 | DD | PREIT reports $41.69 million net loss for December
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2/20/2024 | DD | PREIT amends RSA to push back plan effective date milestone
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1/23/2024 | DD | PREIT gets confirmation of Chapter 11 plan to cut $880 million of debt
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1/17/2024 | DD | PREIT’s pre-packaged plan draws objection from U.S. trustee
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1/8/2024 | DD | PREIT receives final approval of $60 million DIP financing
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12/21/2023 | DDPV | PREIT’s Cherry Hill mall subsidiaries amend promissory notes, loans
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12/15/2023 | BKCVDDEMHY | Prospect News reports three new defaults for Dec. 7-Dec. 13
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12/13/2023 | DD | PREIT gets OK to access $30 million of DIP facility; plan hearing set
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12/11/2023 | BKDDPF | PREIT files bankruptcy again with plan to cut debt by $880 million
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11/15/2023 | BKDDPF | PREIT gives going-concern warning as $1.1 billion debt maturity nears
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7/13/2023 | BKDDPF | PREIT execs refute claim board let company ‘drift,’ as debt maturities loom
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2/13/2023 | BK | Pennsylvania Real Estate Investment Trust plans debt reduction
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12/8/2022 | BK | Pennsylvania Real Estate Investment Trust gets one-year loan extension
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11/4/2022 | PV | Pennsylvania Real Estate Investment Trust units extend promissory notes
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11/2/2022 | BK | Pennsylvania Real Estate Investment Trust pays down $148 million of debt
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7/5/2022 | BK | Pennsylvania REIT reduces debt by $82 million with asset sales, cash
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12/16/2020 | BK | Pennsylvania REIT enters credit agreements totaling $1.06 billion
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12/11/2020 | DD | PREIT completes restructuring, emerges from Chapter 11 bankruptcy
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11/30/2020 | DD | PREIT receives confirmation of plan, eyes early December emergence
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11/6/2020 | BKCVDDEMHY | Prospect News reports three new defaults for week of Oct. 29-Nov. 4
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11/3/2020 | DD | PREIT gets interim access to cash collateral; plan hearing Nov. 24
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11/2/2020 | BKDD | PREIT files pre-packaged Chapter 11 case with 95% creditor support
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10/26/2020 | DD | PREIT gets additional time to achieve an out-of-court restructuring
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10/22/2020 | BKDD | Pennsylvania REIT increases bridge credit agreement by $25 million
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10/15/2020 | PF | Market Commentary: Morning Commentary: Pennsylvania REIT preferreds jump; Athene slides; Capital One off
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10/14/2020 | BKDD | PREIT reaches agreement with lenders for additional $150 million
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10/1/2020 | PF | Market Commentary: Morning Commentary: Regions preferreds higher; Pennsylvania REIT better; AGNC rises
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9/18/2020 | PF | Market Commentary: Morning Commentary: Affiliated Managers prices; JPMorgan improves; AT&T under pressure
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8/26/2020 | PF | Market Commentary: Morning Commentary: NatWest sells notes; Qurate preferreds on deck; AT&T active, flat
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8/18/2020 | PF | Market Commentary: Morning Commentary: Park National prices; Prudential on deck; Farmer Mac improves
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8/13/2020 | PF | Market Commentary: Morning Commentary: Armada Hoffler add-on eyed; Pennsylvania REIT higher; Argo gains
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8/12/2020 | PF | Market Commentary: Morning Commentary: Preferreds open higher; Truist Financial, JPMorgan active early
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8/7/2020 | IG | Market Commentary: Truist preferreds negative; Legg Mason $25-par notes gain; Pennsylvania REIT slides
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8/7/2020 | PF | Market Commentary: Truist preferreds negative; Legg Mason $25-par notes gain; Pennsylvania REIT slides
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8/4/2020 | PF | Market Commentary: Morning Commentary: WesBanco, Level One Bancorp preferreds on tap; Legg Mason lower
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6/16/2020 | PF | Market Commentary: Morning Commentary: Preferred primary busy; Citigroup lower; MFA Financial trades down
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6/15/2020 | PF | Market Commentary: Morning Commentary: Pennsylvania REIT preferreds fall; Wells Fargo declines; AIG gains
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6/10/2020 | PF | Market Commentary: Morning Commentary: Primary busy; Public Storage trails; Associated Banc-Corp under par
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6/8/2020 | PF | Market Commentary: Morning Commentary: Public Storage on tap; Ally Financial improves; Just Energy better
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6/5/2020 | PF | Market Commentary: Morning Commentary: Athene preferreds above par; Ally Financial, Pennsylvania REIT up
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6/1/2020 | PF | Market Commentary: Morning Commentary: AGNC preferreds improve; Annaly gains; JPMorgan positive
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5/27/2020 | PF | Market Commentary: Morning Commentary: $25-par market bustles; Brighthouse off; Pennsylvania REIT lower
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5/26/2020 | PF | Market Commentary: Morning Commentary: Scorpio, Hancock Whitney on tap; Brighthouse up; JPMorgan lifted
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5/7/2020 | PF | Market Commentary: Morning Commentary: Wintrust under par; AT&T $25-pars rise; Pennsylvania REIT weaker
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3/31/2020 | BK | Pennsylvania REIT cuts revolver to $375 million, adjust covenants
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3/31/2020 | PF | Market Commentary: Morning Commentary: New Residential climbs; Wells Fargo positive; AT&T $25-par notes up
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3/5/2020 | PF | Market Commentary: Morning Commentary: AT&T preferreds down; American Homes weaker; Capital One declines
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2/26/2020 | PF | Market Commentary: Morning Commentary: JPMorgan preferreds gain; AT&T lower; Pennsylvania REIT sinks
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1/27/2020 | IG | Market Commentary: Wells Fargo under pressure; MetLife preferreds slide; Armour lifted
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1/27/2020 | PF | Market Commentary: Wells Fargo under pressure; MetLife preferreds slide; Armour lifted
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1/27/2020 | PF | Market Commentary: Morning Commentary: Fortress Biotech on tap; MetLife weaker; Wells Fargo declines
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1/24/2020 | IG | Market Commentary: Wells Fargo negative; Armour preferreds below par; MetLife under water
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1/24/2020 | PF | Market Commentary: Wells Fargo negative; Armour preferreds below par; MetLife under water
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1/24/2020 | PF | Market Commentary: Morning Commentary: Armour preferreds under par; MetLife weaker; Wells Fargo negative
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9/24/2019 | PF | Market Commentary: Morning Commentary: PennantPark plans $25-par notes; Bank of America preferreds gain
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9/20/2019 | PF | Market Commentary: Morning Commentary: Pennsylvania REIT preferreds active, flat; Bank of America better
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9/13/2019 | PF | Market Commentary: Morning Commentary: Rexford plans preferreds; Fifth Third dips; American Finance lower
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8/29/2019 | PF | Market Commentary: Morning Commentary: New Residential positive; Allstate lower; Qwest $25-pars improve
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8/20/2019 | PF | Market Commentary: Morning Commentary: Allstate rises; New Residential preferreds better; Deutsche Bank up
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3/19/2019 | PF | Market Commentary: OFS Credit sells preferreds; Invesco starts at-the-market offering; Brighthouse tops par
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3/19/2019 | PF | Market Commentary: Morning Commentary: Brighthouse preferreds under par; KeyCorp, Pennsylvania REIT lower
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3/13/2019 | PF | Market Commentary: Morning Commentary: JPMorgan preferreds mixed; AIG positive; Pennsylvania REIT rises
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3/12/2019 | IG | Market Commentary: Triton prices $25-par preferreds; Digirad announces potential offering; AIG improves
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3/12/2019 | PF | Market Commentary: Triton prices $25-par preferreds; Digirad announces potential offering; AIG improves
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1/23/2019 | PF | Market Commentary: Morning Commentary: Citizens Financial above par; JPMorgan mixed again; AmTrust improves
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6/11/2018 | BK | Pennsylvania REIT amends some provisions under seven-year term loan
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5/29/2018 | BK | Pennsylvania REIT extends maturity of $700 million credit facility
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1/26/2018 | BK | PM Gallery gets five-year $250 million term loan at Libor plus 200 bps
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10/10/2017 | PF | S&P U.S. Preferred Stock index to add 25 issues, drop 15 issues
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9/13/2017 | PF | Market Commentary: Colony NorthStar comes upsized; Urstadt prices at tight end of talk; PS Business frees
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9/13/2017 | PF | Pennsylvania REIT’s 6.875% cumulative preferreds list on NYSE
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9/11/2017 | PF | Market Commentary: Preferreds firm; EnLink, GM Financial add deals to calendar; recent deals active
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9/11/2017 | LMPF | Pennsylvania REIT to redeem all 8.25% series A preferreds on Oct. 12
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9/8/2017 | IG | Market Commentary: Preferreds soften as hurricane damage eyed; week’s new issues buck day’s downward trend
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9/8/2017 | PF | Market Commentary: Preferreds soften as hurricane damage eyed; week’s new issues buck day’s downward trend
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9/8/2017 | PF | Market Commentary: Morning Commentary: Preferreds soften as hurricane damage mulled; Thursday’s deals not yet free
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9/7/2017 | IGPF | New Issue: Pennsylvania REIT prices $120 million 6.875% series D preferreds at par
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9/7/2017 | IGLMPF | Pennsylvania REIT to redeem all $115 million series A preferreds
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9/7/2017 | IG | Market Commentary: Global Net Lease, TCF Financial tap market; Pennsylvania REIT on deck; Carlyle frees
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9/7/2017 | PF | Market Commentary: Global Net Lease, TCF Financial tap market; Pennsylvania REIT on deck; Carlyle frees
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9/7/2017 | PF | Market Commentary: Morning Commentary: Global Net Lease prices new issue; Alabama Power deal already at a premium
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9/7/2017 | IGPF | Pennsylvania Real Estate Investment Trust offering new series of cumulative redeemable preferreds
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4/10/2017 | PF | S&P Dow Jones adds 12 issues to U.S. preferreds index, drops seven
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2/1/2017 | IG | Market Commentary: Financials fall; Pennsylvania REIT lists; Morgan Stanley better; Just Energy lackluster
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2/1/2017 | PF | Market Commentary: Financials fall; Pennsylvania REIT lists; Morgan Stanley better; Just Energy lackluster
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2/1/2017 | PF | Market Commentary: Morning Commentary: Pennsylvania REIT lists; Morgan Stanley still slipping; Just Energy lackluster
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2/1/2017 | PF | Pennsylvania REIT’s 7.2% cumulative preferreds admitted to NYSE
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1/30/2017 | PF | Market Commentary: Preferreds initially trend lower in sympathy with equities, then recover; Morgan Stanley trades off
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1/30/2017 | PF | Market Commentary: Morning Commentary: Preferreds trend lower in sympathy with equities; Morgan Stanley quoted wide
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1/27/2017 | IGPF | Pennsylvania REIT greenshoe brings 7.2% preferreds to $172.5 million
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1/23/2017 | IG | Market Commentary: Preferreds firm as week begins; Pennsylvania REIT, National Retail in play; GSEs gyrate
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1/23/2017 | PF | Market Commentary: Preferreds firm as week begins; Pennsylvania REIT, National Retail in play; GSEs gyrate
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1/23/2017 | PF | Market Commentary: Morning Commentary: Preferreds firm as week begins; Pennsylvania REIT, National Retail steady
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1/20/2017 | IG | Market Commentary: Inauguration draws focus from preferreds; recent deals trade; Fannie, Freddie get a bounce
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1/20/2017 | PF | Market Commentary: Inauguration draws focus from preferreds; recent deals trade; Fannie, Freddie get a bounce
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1/20/2017 | PF | Market Commentary: Morning Commentary: Inauguration takes focus away from preferreds; recent deals under pressure
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1/19/2017 | PF | Market Commentary: Market digesting data, pace of rate hikes; GSE preferreds decline on Mnuchin comments
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1/19/2017 | PF | Market Commentary: Morning Commentary: Market digesting data, pace of rate hikes; Pennsylvania REIT nears par
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1/18/2017 | IG | Market Commentary: Pennsylvania REIT’s new deal comes upsized; Citigroup, Schwab trade actively on earnings
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1/18/2017 | PF | Market Commentary: Pennsylvania REIT’s new deal comes upsized; Citigroup, Schwab trade actively on earnings
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1/18/2017 | IGPF | New Issue: Pennsylvania REIT prices upsized $150 million 7.2% cumulative preferreds at par
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1/18/2017 | PF | Market Commentary: Morning Commentary: Pennsylvania REIT adds to calendar; Citigroup, Schwab busy post-earnings
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1/18/2017 | PF | Pennsylvania REIT offers $75 million cumulative redeemable preferreds; price talk around 7.375%
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7/6/2016 | BK | Pennsylvania REIT increases term loan to $250 million, cuts pricing
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7/1/2015 | BK | Pennsylvania REIT gets $150 million five-year loan, amends other loans
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6/30/2015 | BK | Pennsylvania REIT amends revolver pricing, enters new term loan
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4/1/2014 | PF | Market Commentary: Preferred stock market moves up; Ally Financial, Pennsylvania REIT active in trading
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1/9/2014 | BK | Pennsylvania Real Estate draws $130 million under term loans, enters hedging agreements
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12/31/2013 | BK | Pennsylvania REIT enters $250 million of term loans, amends revolver
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4/30/2013 | BK | Pennsylvania REIT to repay 2013 revolver via common share offering
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4/18/2013 | BK | Pennsylvania REIT gets $400 million three-year loans via Wells Fargo
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10/15/2012 | PF | Pennsylvania REIT's 7.375% notes admitted to begin trading on NYSE
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10/15/2012 | PF | Market Commentary: Triangle Capital plans offering; recently priced and listed deals take much of day's focus
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10/15/2012 | PF | Market Commentary: Midday Commentary: Triangle announces deal; PrivateBancorp hanging in; recent deals list
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10/2/2012 | IGPF | New Issue: PREIT prices $86.25 million 7.375% series B cumulative redeemable preferreds at par
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10/2/2012 | PF | Market Commentary: Midday Commentary: GE Capital plans note sale, revises talk; PREIT prices, frees early in session
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10/2/2012 | PF | Market Commentary: GE Capital brings deal at revised talk, fizzles; PREIT prices, frees; Gabelli to list on NYSE
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10/1/2012 | PF | Market Commentary: Midday Commentary: Week's new issue supply expected to be heavy; Apollo, PREIT herald offerings
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10/1/2012 | PF | Market Commentary: Week's new issue supply expected to be heavy; Apollo prices new issue; PREIT planning deal
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10/1/2012 | BK | Pennsylvania REIT to repay 2010 credit facility via preferred offering
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10/1/2012 | IGPF | Pennsylvania Real Estate to sell series B preferreds at 7.5%-7.625%
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4/24/2012 | PF | Market Commentary: Recent deals stay in focus; Prospect Capital prices; Hartford notes to list; Zions retreats
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4/20/2012 | IGPF | Pennsylvania REIT greenshoe exercised, ups preferreds to $115 million
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4/17/2012 | PF | Market Commentary: Ally preferreds gain as ResCap misses coupon; U.S. Bancorp preferreds price, trade at premium
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4/13/2012 | IGPF | New Issue: Pennsylvania REIT prices $100 million 8.25% cumulative preferreds
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4/13/2012 | PF | Market Commentary: Preferred market mixed; Deutsche Bank pressured by Europe woes; Pennsylvania REIT prices deal
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4/12/2012 | BK | Pennsylvania REIT to pay down revolver with proceeds of preferreds
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4/12/2012 | IGPF | Pennsylvania Real Estate Investment Trust to sell perpetual cumulative redeemable preferreds
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4/12/2012 | PF | Market Commentary: New issue calendar heats up; Realty Income prices add-on; Pennsylvania REIT to sell preferreds
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12/19/2011 | CVHYPF | Pennsylvania REIT files $1 billion shelf for stock. preferrreds, debt
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6/30/2011 | BK | Pennsylvania Real Estate amends loan, revising maturity and pricing
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6/9/2010 | BKCV | Pennsylvania REIT repays $160.5 million of debt, plans further reduction
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5/3/2010 | BK | Pennsylvania Real Estate Trust to pay down loan with shares proceeds
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3/11/2010 | BK | Pennsylvania Real Estate Investment Trust gets $670 million facility
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10/13/2009 | CV | Pennsylvania REIT reports purchase of $47 million 4% exchangeables
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6/29/2009 | CV | Pennsylvania REIT exchanges shares for $25 million of exchangeables
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3/2/2009 | CV | Pennsylvania REIT buys back $48.1 million exchangeables
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11/26/2008 | CVHY | Pennsylvania REIT files $1 billion shelf
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10/8/2008 | BK | Pennsylvania Real Estate Investment Trust gets $40 million term loan add-on
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9/10/2008 | BK | Pennsylvania Real Estate Investment Trust gets $130 million term loan
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1/29/2008 | CV | Market Commentary: Countrywide, BofA up on deal hopes; Excel down on merger; VMWare drops EMC; REIT strategy 'unwinding'
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5/10/2007 | CV | Pennsylvania greenshoe fully exercised to push 4% exchangeables to $287.5 million
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5/3/2007 | CV | Market Commentary: Epicor gains on debut; Sinclair, Pennsylvania slip in start; Savvis quiet in gray; Coeur d'Alene holds firm
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5/3/2007 | CV | New Issue: Pennsylvania reoffers $250 million five-year exchangeables at 98.5, yields 4%, up 20%
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5/2/2007 | CV | Market Commentary: Beckman Coulter slips on raised bid; Dune gains on debut; Pennsylvania, Epicor, Sinclair quiet in gray
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5/1/2007 | CV | Pennsylvania REIT talks $250 million five-year exchangeables at 4%, up 20%, reoffering at 98.5-98.75
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5/1/2007 | CV | Market Commentary: Dune quiet as risks, borrow limit interest; XM eases on Sirius results; Epicor, Pennsylvania launch deals
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2/22/2007 | BKHY | Fitch affirms Pennsylvania REIT
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2/22/2007 | BK | Pennsylvania Real Estate amends loan, changing covenants
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3/7/2006 | BK | Pennsylvania REIT amends loan, lowering rates, extending maturity
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10/14/2005 | HY | Fitch affirms Pennsylvania REIT's preferreds at B+
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3/2/2005 | BK | Pennsylvania REIT uses revolver borrowings to repay Cherry Hill mortgage
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2/3/2005 | BK | Pennsylvania REIT amends loan to extend maturity, lower rates
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