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Washington Prime Group Inc (WPG.N)

WPG.N on New York Stock Exchange

7.29USD
20 Sep 2018
Change (% chg)

$0.22 (+3.11%)
Prev Close
$7.07
Open
$7.08
Day's High
$7.29
Day's Low
$7.03
Volume
505,862
Avg. Vol
609,969
52-wk High
$8.86
52-wk Low
$5.40

Latest Key Developments (Source: Significant Developments)

Washington Prime Group Files For Potential Stock Shelf Offering, Size Not Disclosed
Monday, 2 Apr 2018 

April 2 (Reuters) - Washington Prime Group Inc ::WASHINGTON PRIME GROUP FILES FOR POTENTIAL STOCK SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Washington Prime Group To Buy 4 Sears Stores For About $28.5 Mln
Monday, 12 Mar 2018 

March 12 (Reuters) - Washington Prime Group Inc ::WASHINGTON PRIME GROUP TO ACQUIRE FOUR SEARS STORES LOCATED AT TIER ONE ASSETS THROUGH A SALE-LEASEBACK.WASHINGTON PRIME GROUP INC - DEAL FOR APPROXIMATELY $28.5 MILLION​.WASHINGTON PRIME GROUP INC - WILL HAVE CONTROL OF THESE PROPERTIES FOR FUTURE REDEVELOPMENT​.WASHINGTON PRIME GROUP - ‍AGGREGATE BASE RENT UNDER LEASES IS ABOUT $1.25 MILLION PER ANNUM​.  Full Article

Washington Prime Group Reports Q4 Adjusted FFO Per Share $0.44
Wednesday, 21 Feb 2018 

Feb 21 (Reuters) - Washington Prime Group Inc ::WASHINGTON PRIME GROUP REPORTS FOURTH QUARTER AND FISCAL YEAR 2017 RESULTS.SEES Q1 2018 FFO PER SHARE $0.37 TO $0.41.Q4 FFO PER SHARE $0.75.SEES FY 2018 FFO PER SHARE $1.48 TO $1.56.Q4 ADJUSTED FFO PER SHARE $0.44.SEES 2018 ‍RECURRING CAP-EX SPENDING AND DEFERRED LEASING COSTS OF $70-$80 MILLION​.  Full Article

Washington Prime Recasts $1 Bln Revolving Credit, Term Loan Facility
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Washington Prime Group Inc ::WASHINGTON PRIME GROUP RECASTS $1 BILLION REVOLVING CREDIT AND TERM LOAN FACILITY.WASHINGTON PRIME GROUP INC - NEWLY RECAST $1 BILLION FACILITY CAN BE INCREASED TO $1.5 BILLION THROUGH CURRENTLY UNCOMMITTED FACILITY COMMITMENTS.WASHINGTON PRIME GROUP INC - EXCLUDING ACCORDION FEATURE, NEWLY RECAST FACILITY INCLUDES A $650 MILLION REVOLVER AND $350 MILLION TERM LOAN.  Full Article

Washington Prime Group reports Q3 FFO per share $0.37
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Washington Prime Group Inc :Washington Prime Group reports third quarter 2017 results.Sees Q4 2017 adjusted FFO per share $0.44 to $0.48.Q3 FFO per share $0.37.Sees FY 2017 adjusted FFO per share $1.63 to $1.67.  Full Article

Washington Prime Group says deal for ‍purchase price of nearly $67.2 mln​
Wednesday, 20 Sep 2017 

Sept 20 (Reuters) - Washington Prime Group Inc :Washington Prime Group Inc - Deal for ‍purchase price of approximately $67.2 million​.Washington Prime Group Inc - ‍announces strategic disposition of 41 outparcels​.Washington Prime Group Inc - ‍Has a signed a definitive agreement for sale of 41 restaurant outparcels to four Corners Property Trust, Inc.​.  Full Article

Washington Prime Group prices $750 mln offering of 5.950 pct unsecured notes
Tuesday, 1 Aug 2017 

Aug 1 (Reuters) - Washington Prime Group Inc :Washington Prime Group prices $750 million offering of 5.950 pct unsecured notes.Washington Prime Group Inc- ‍subsidiary has priced $750 million principal amount of its 5.950 pct notes due 2024 in an underwritten public offering​.Washington Prime Group Inc- ‍notes are being offered to investors at a price of 98.467 pct with a yield to maturity of 6.222 pct​.  Full Article

Washington Prime Q2 FFO per share $0.50
Wednesday, 26 Jul 2017 

July 26 (Reuters) - Washington Prime Group Inc ::Washington prime group reports second quarter 2017 results.Sees Q3 2017 adjusted FFO per share $0.39 to $0.41.Q2 FFO per share $0.50.Q2 adjusted FFO per share $0.40 excluding items.Washington Prime Group Inc - ‍increased guidance for 2017 net income and reaffirmed guidance for adjusted FFO to midpoint of $1.23 and $1.67 per share​.Q2 FFO per share view $0.44 -- Thomson Reuters I/B/E/S.Washington Prime Group- now expects to deliver comparable NOI growth at low end of its original guidance range of 0.0% to 1.5% for year ending Dec 31, 2017.Washington Prime Group- ‍comparable net operating income for company's total portfolio decreased 1.9% during q2 of 2017, compared to a year ago​.Washington Prime Group Inc sees for year ending December 31, 2017, estimated FFO per diluted share $ 1.97 - $ 2.04.Fy2017 FFO per share view $1.87 -- Thomson Reuters I/B/E/S.Washington Prime Group Inc sees Q3 estimated FFO per diluted share $0.52 - $0.54.Q3 FFO per share view $0.55 -- Thomson Reuters I/B/E/S.Washington Prime Group Inc sees Q3 net income attributable to common shareholders to be in range of $0.20 to $0.23 per diluted share.  Full Article

Washington Prime Group reports Q1 FFO per share $0.42
Wednesday, 26 Apr 2017 

April 26 (Reuters) - Washington Prime Group Inc :Washington Prime Group reports first quarter 2017 results.Sees Q2 2017 FFO per share $0.40 to $0.42.Q1 FFO per share $0.42.Says company increases full year 2017 guidance.Washington Prime Group Inc sees FY 2017 FFO per share $ 1.86 - $ 1.93.Washington Prime Group Inc sees FY 2017 adjusted FFO per share $1.64 - $1.70.Says reaffirms its guidance for comparable noi growth in range of 0.0% to 1.5% for year ending December 31, 2017.  Full Article

Washington Prime Group's JV with O'Connor acquires section at Pearlridge Center
Thursday, 2 Mar 2017 

Washington Prime Group Inc : Washington Prime Group's joint venture with O'Connor acquires 180,000 SF section at Pearlridge Center . Washington Prime Group Inc - Deal for $70.0 million . Washington Prime Group Inc- Initially funded its share of purchase price for deal with funds from company's credit facility until debt is placed .Washington Prime Group Inc- Co's JV plans to place approximately $40 million of secured debt on property during Q2 of 2017.  Full Article

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