Brixmor Property Group Inc (BRX.N) Key Developments | Reuters.com
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Brixmor Property Group Inc (BRX.N)

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Latest Key Developments (Source: Significant Developments)

Brixmor Property Group says prices offering of senior notes
Thursday, 2 Jun 2016 04:42pm EDT 

Brixmor Property Group Inc - : Brixmor Property Group prices offering of senior notes . Notes will be issued at 99.328% of par value with a coupon of 4.125%. . Priced an offering of $600 million aggregate principal amount of 4.125% senior notes due 2026 .Brixmor Property Group Inc says notes will mature on june 15 , 2026.  Full Article

Brixmor Property Group Inc prices secondary offering
Friday, 29 Apr 2016 07:45am EDT 

Brixmor Property Group Inc:Says pricing of a secondary offering of 20,000,000 shares of its common stock by certain selling stockholders affiliated with Blackstone Real Estate Partners at $25.20 per share.Offering is expected to close on May 4.Barclays Capital Inc. is serving as sole underwriter for the offering.  Full Article

Brixmor Property Group announces secondary offering of 20,000,000 shares of common stock
Thursday, 28 Apr 2016 05:00pm EDT 

Brixmor Property Group:Certain selling stockholders affiliated with Blackstone Real Estate Partners have commenced a secondary offering of 20,000,000 shares of Brixmor's common stock.Brixmor is not offering any shares of common stock in the offering and will not receive any proceeds from the sale of shares in this offering.In addition, none of Brixmor's officers or directors is selling any shares of common stock in the offering.Barclays Capital Inc. is serving as sole underwriter for the offering.  Full Article

Brixmor Property Group Inc - Brixmor's top execs exit after accounting review, shares plunge - Reuters
Monday, 8 Feb 2016 10:51am EST 

Brixmor Property Group Inc:Brixmor Property Group Inc said its CEO and two other top officers resigned after an internal review found that its financial statements were tampered with, sending its shares down as much as 25 percent. - RTRS.The company said on Monday its quarterly statements had been tampered with to show consistent growth in same-property net operating income - RTRS."The board is disappointed to have learned of the conduct and lack of appropriate management supervision uncovered as a result of the audit committee review," Chairman John Schreiber said in a statement. - RTRS.Brixmor, which swung to a profit after its IPO, said it would not have to restate its financial statements as the impact of the discrepancies was not material to the results. The matter will not hurt the company's compliance with debt covenants, Brixmor added - RTRS.Brixmor said it had reported the matter to the U.S. Securities and Exchange Commission - RTRS.Brixmor Chief Executive Michael Carroll, Chief Financial Officer Michael Pappagallo and Chief Accounting Officer Steven Splain, along with an accounting employee, resigned, effective immediately. - RTRS.The New York-based company named Raider Hill Advisors LLC founder Daniel Hurwitz interim chief executive. - RTRS.The company also rescheduled the release of its fourth-quarter results from Monday to Feb. 29. - RTRS.  Full Article

Brixmor Property Group narrows FY 2015 FFO guidance; raises low end of prior FY 2015 same property NOI guidance
Monday, 26 Oct 2015 04:05pm EDT 

Brixmor Property Group:Sees FY 2015 diluted FFO per common share of $1.96 -- $1.98.Sees FY 2015 same property NOI of 3.5% -- 3.7%.FY 2015 FFO of $1.96 - Thomson Reuters I/B/E/S.  Full Article

Brixmor Property Group Prices Offering Of Senior Notes
Thursday, 30 Jul 2015 04:51pm EDT 

Brixmor Property Group:Prices offering of senior notes.Priced its previously announced offering of $500 million aggregate principal amount of 3.875% senior notes due.Says notes will be issued at 99.223% of par value with a coupon of 3.875%.Operating Partnership expects to use all or a portion of the net proceeds from this offering to refinance maturing indebtedness and for general corporate purposes.  Full Article

Brixmor Property Group Inc declares dividend
Tuesday, 28 Jul 2015 06:03am EDT 

Brixmor Property Group Inc:Declares a quarterly cash dividend of $0.225 per common share (equivalent to $0.90 per annum) for the third quarter of 2015.Says the dividend is payable on Oct. 15 to stockholders of record on Oct. 5, representing an ex-dividend date of Oct. 1.  Full Article

Brixmor Property Group reaffirms FY 2015 FFO guidance
Monday, 27 Jul 2015 04:03pm EDT 

Brixmor Property Group:Affirms FFO attributable to stockholders and non-controlling interests convertible into common stock per common share diluted expectations for FY 2015 of $1.94 - $2.00.FY 2015 FFO of $1.96 - Thomson Reuters I/B/E/S.  Full Article

Brixmor Property Group Inc to sell up to $400 mln of common stock
Monday, 8 Jun 2015 04:53pm EDT 

Brixmor Property Group Inc:Has established an "at the market" stock offering program through which it may sell up to an aggregate of $400 million of its common.Says stock would be offered through RBC Capital Markets, BNY Mellon Capital Markets, LLC, Jefferies, MUFG, Scotiabank and SunTrust Robinson Humphrey, who will be acting as sales agents.Intends to use the proceeds from any offering for general corporate purposes.  Full Article

Brixmor Property Group changes accountants-Form 8-K
Monday, 11 May 2015 04:06pm EDT 

Brixmor Property Group Inc:Ernst & Young LLP was previously the principal accountants for Brixmor Property Group Inc and Brixmor Operating Partnership LP, on May 6, E&Y was dismissed.The decision to change accountants was approved by the audit committee of the board of directors of the company.  Full Article

BRIEF-Brixmor Property Group names Mark Horgan chief investment officer

* Brixmor Property Group names Mark Horgan executive vice president, Chief Investment Officer Source text for Eikon: Further company coverage: )