Entering text into the input field will update the search result below

Jernigan Capital takes 5% hit after starting 3.5M-share stock offering

Jun. 11, 2018 5:02 PM ETJernigan Capital, Inc. (JCAP) StockBy: Liz Kiesche, SA News Editor15 Comments
  • Jernigan Capital (NYSE:JCAPdeclines 5% after it started a public offering of 3.5M shares; it expects to grant up to added 525,000 shares for over-allotment.
  • JCAP sees using proceeds to repay amounts outstanding under its credit facility, to fund its investment portfolio, and for general corporate purposes.
  • Joint book-running managers: Raymond James, Jefferies, KeyBanc Capital Markets, and Robert W. Baird & Co.
  • Source: Press Release
  • Previously: Jonathan Perry to join Jernigan Capital as Executive Vice President and Chief Investment Officer (May 14)

Recommended For You

Related Stocks

SymbolLast Price% Chg
JCAP--
Jernigan Capital, Inc.