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American Assets Trust Inc (AAT.N)

AAT.N on New York Stock Exchange

46.37USD
23 Aug 2019
Change (% chg)

$-0.85 (-1.80%)
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Latest Key Developments (Source: Significant Developments)

American Assets Trust To Issue $150 Mln Of 3.91% Senior Guaranteed Notes
Tuesday, 30 Jul 2019 

July 30 (Reuters) - American Assets Trust Inc ::AMERICAN ASSETS TRUST, INC. ANNOUNCES ISSUANCE OF $150 MILLION OF 3.91% SENIOR GUARANTEED NOTES, SERIES G, DUE JULY 30, 2030.AMERICAN ASSETS TRUST - INTENDS TO USE PROCEEDS FROM PRIVATE PLACEMENT OF SERIES G NOTES TO REPAY OUTSTANDING AMOUNTS ON CREDIT FACILITY.  Full Article

American Assets Trust Reports Q2 FFO Per Share Of $0.51
Tuesday, 30 Jul 2019 

July 30 (Reuters) - American Assets Trust Inc ::AMERICAN ASSETS TRUST, INC. REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS.Q2 FFO PER SHARE $0.51.SEES FY 2019 FFO PER SHARE $2.18 TO $2.26.QTRLY SAME-STORE CASH NOI DECREASED 5.1%.REAFFIRMED GUIDANCE RANGE FOR FULL YEAR 2019 FFO PER DILUTED SHARE OF $2.18 TO $2.26 PER SHARE.QTRLY TOTAL REVENUE $84.1 MILLION VERSUS $85 MILLION.  Full Article

American Assets Trust Prices Previously Announced Underwritten Offering Of 9.5 Mln Shares At $44.75/Shr
Wednesday, 12 Jun 2019 

June 11 (Reuters) - American Assets Trust Inc ::AMERICAN ASSETS TRUST, INC. ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCK.AMERICAN ASSETS TRUST - PRICING OF PREVIOUSLY ANNOUNCED UNDERWRITTEN PUBLIC OFFERING OF 9,500,000 SHARES OF COMMON STOCK AT $44.75 PER SHARE.  Full Article

American Assets Trust Announces Proposed Public Offering Of Common Stock
Monday, 10 Jun 2019 

June 10 (Reuters) - American Assets Trust Inc ::AMERICAN ASSETS TRUST, INC. ANNOUNCES PROPOSED PUBLIC OFFERING OF COMMON STOCK.SAYS OFFERING 9.50 MILLION COMMON SHARES.INTENDS TO USE NET PROCEEDS FROM THIS OFFERING TO FINANCE ITS RECENTLY ANNOUNCED ACQUISITION OF LA JOLLA COMMONS.  Full Article

American Assets Trust, Inc. Enters Into Agreement To Acquire La Jolla Commons In San Diego, California
Monday, 10 Jun 2019 

June 10 (Reuters) - American Assets Trust Inc ::AMERICAN ASSETS TRUST, INC. ENTERS INTO AGREEMENT TO ACQUIRE LA JOLLA COMMONS IN SAN DIEGO, CALIFORNIA.AMERICAN ASSETS TRUST INC - DEAL PURCHASE PRICE OF $525 MILLION, LESS A SELLER CREDIT OF APPROXIMATELY $11.5 MILLION.AMERICAN ASSETS TRUST-PURCHASE PRICE IS EXPECTED TO BE PAID WITH COMBINATION OF CASH ON HAND AND FUNDS DRAWN AGAINST CO'S EXISTING CREDIT FACILITY.  Full Article

American Assets Trust Inc - Entered First Amendment To Second Amended And Restated Credit Agreement
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - American Assets Trust Inc ::AMERICAN ASSETS TRUST INC - ENTERED INTO FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT - SEC FILING.AMERICAN ASSETS TRUST INC - PRIOR TO CLOSING OF FIRST AMENDMENT, OPERATING PARTNERSHIP ENTERED INTO AN INTEREST RATE SWAP AGREEMENT.AMERICAN ASSETS TRUST INC - MATURITY DATE OF $100MM TERM LOAN HAS BEEN EXTENDED TO JANUARY 9, 2021, SUBJECT TO THREE, ONE-YEAR EXTENSION OPTIONS.AMERICAN ASSETS TRUST - INTEREST RATE SWAP DEAL INTENDED TO FIX INTEREST RATE ASSOCIATED WITH $100 MILLION TERM LOAN AT ABOUT 4.13% THROUGH JAN 9, 2021.  Full Article

American Assets Q2 FFO Per Share $0.58
Tuesday, 31 Jul 2018 

July 31 (Reuters) - American Assets Trust Inc ::AMERICAN ASSETS TRUST, INC. REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 FFO PER SHARE $0.58.SEES FY 2018 FFO PER SHARE $2.05 TO $2.10.QTRLY SAME-STORE CASH NOI INCREASED 7% YEAR-OVER-YEAR.INCREASED 2018 ANNUAL GUIDANCE TO A RANGE OF $2.05 TO $2.10 OF FFO PER DILUTED SHARE.QTRLY FFO PER SHARE $0.58.  Full Article

American Assets Trust Reports Q1 FFO Per Share $0.51
Tuesday, 1 May 2018 

May 1 (Reuters) - American Assets Trust Inc ::AMERICAN ASSETS TRUST, INC. REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 FFO PER SHARE $0.51.SEES FY 2018 FFO PER SHARE $2.01 TO $2.09.QTRLY SAME-STORE CASH NOI INCREASED 7% YEAR-OVER-YEAR FOR Q1.AFFIRMS ITS GUIDANCE RANGE FOR FULL YEAR 2018 FFO PER DILUTED SHARE.  Full Article

American Assets Trust Increases Revolving Line Of Credit To $350 Mln
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - American Assets Trust Inc ::AMERICAN ASSETS TRUST INC INCREASES REVOLVING LINE OF CREDIT TO $350 MILLION AND IMPROVES CREDIT SPREADS IN ITS SECOND AMENDED AND RESTATED CREDIT AGREEMENT AND IN ITS $150 MILLION TERM LOAN AGREEMENT.AMERICAN ASSETS TRUST INC - ‍CREDIT AGREEMENT WAS AMENDED AND RESTATED TO INCREASE REVOLVING LINE OF CREDIT FROM $250 MILLION TO $350 MILLION​.AMERICAN ASSETS TRUST INC - ‍CREDIT AGREEMENT WAS AMENDED TO EXTEND MATURITY DATE OF RESTATED $350 MILLION REVOLVING LINE OF CREDIT TO JANUARY 9, 2022​.  Full Article

American Assets Trust reports Q3 FFO per share $0.52
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - American Assets Trust Inc ::American Assets Trust Inc reports third quarter 2017 financial results.Q3 FFO per share $0.52.Sees fy 2017 FFO per share $1.99 to $2.01.Sees fy 2018 FFO per share $2.01 to $2.09.American Assets Trust Inc says ‍quarterly dividend increased 4pct to $0.27 per share of common stock for Q4 of 2017​.American Assets Trust-projected costs of development at torrey point remain about $56 million, of which approximately $38 million has been incurred to date​.American Assets Trust - ‍ expect to incur remaining costs for development of torrey point in 2017 and 2018 as co continues to lease space in buildings​.Q3 FFO per share view $0.53 -- Thomson Reuters I/B/E/S.FY2017 FFO per share view $2.02 -- Thomson Reuters I/B/E/S.FY2018 FFO per share view $2.22 -- Thomson Reuters I/B/E/S.  Full Article