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Article: Prime Retail, Inc. Lists Its 10.5% Series A Senior Cumulative Preferred Stock With the New York Stock Exchange
- Article from:
- PR Newswire
- Article date:
- April 9, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BALTIMORE, April 9 /PRNewswire/ -- Prime Retail, Inc. (NYSE: PRT, PRT.PRB) announced that it began trading its 10.5% Series A Senior Cumulative Preferred Stock (the "Series A Preferred Stock") on the New York Stock Exchange today. The Company's Series A Preferred Stock will trade under the symbol "PRT.pra."
Prime Retail is a self-administered, self-managed real estate investment trust engaged in the ownership, development, and management of factory outlet centers. As of December 31, 1997, Prime Retail's outlet center portfolio consisted of 28 outlet centers in 20 states, which totaled approximately 7.2 million square feet of GLA. As of December 31, 1997, ...