NORCROSS, Ga., Dec. 11, 2013 /CNW/ - CatchMark Timber Trust, Inc. (CatchMark Timber) today has priced its underwritten offering of 10,526,316 shares of its Class A common stock at $13.50 per share. The underwriters have a 30-day option to purchase up to an additional 1,578,947 shares of Class A common stock in the offering solely to cover overallotments, if any.
Raymond James Ltd. is distributing shares for the offering in Canada for Raymond James & Associates, Inc. Raymond James, Baird and Stifel are serving as joint book-running managers for the offering in the United States. Mitsubishi UFJ Securities and Janney Montgomery Scott are serving as co-managers for the offering in the United States.
Copies of the final MJDS prospectus for the offering in Canada will be filed with securities commissions or similar authorities in certain jurisdictions of Canada and, when available, may be obtained by contacting Raymond James Ltd., 5300-40 King Street West Scotia Plaza, P.O. Box 415, Toronto, Ontario, Canada M5H 3Y2, telephone: (877) 363-1024, email: email@example.com. Copies of the final prospectus for the offering in the United States will be filed with the U.S. Securities and Exchange Commission and, when available, may be obtained by contacting: Raymond James & Associates, Inc., Attention: Syndicate Department, 880 Carillon Parkway, St. Petersburg, FL 33716, telephone: (800) 248-8863, email: firstname.lastname@example.org; Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 E. Wisconsin Ave., Milwaukee, Wisconsin 53202, telephone: (800) 792-2473, email: email@example.com; or Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate Department, One South Street, 15th Floor, Baltimore, MD 21202, telephone: (855) 300?7136, email: SyndProspectus@stifel.com.
A preliminary prospectus containing important information relating to these securities has been filed with securities commissions or similar authorities in certain jurisdictions of Canada. The preliminary prospectus is still subject to completion or amendment. Copies of the preliminary prospectus may be obtained from Raymond James Ltd. at the above address. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
About CatchMark Timber
CatchMark Timber Trust, Inc. is a self-administered and self-managed REIT established in the United States that owns interests in timberland located in Alabama and Georgia.
Brian M. Davis, Chief Financial Officer
SOURCE: CatchMark Timber Trust, Inc.