CatchMark Timber Trust, Inc. Announces Launch of Public Offering of Class A Common Stock

NORCROSS, Ga., Dec. 2, 2013 /CNW/ - CatchMark Timber Trust, Inc. (CatchMark Timber) has commenced an underwritten offering of 10,526,316 shares of its Class A common stock in the United States and Canada. CatchMark Timber expects to grant the underwriters 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 the underwriter for the offering in Canada. 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.

The offering will be made only by means of a prospectus. Copies of the preliminary MJDS prospectus for the offering in Canada 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: [phone], email: [email protected]. Copies of the preliminary prospectus for the offering in the United States may be obtained by contacting: Raymond James & Associates, Inc., Attention: Syndicate Department, 880 Carillon Parkway, St. Petersburg, FL 33716, telephone: [phone], email: [email protected]; Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 E. Wisconsin Ave., Milwaukee, Wisconsin 53202, telephone: [phone], email: [email protected]; or Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate Department, One South Street, 15th Floor, Baltimore, MD 21202, telephone: (855) 300?7136, email: [email protected].

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.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

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.

Media Contact:
Brian M. Davis, Chief Financial Officer
[phone]
E-mail: [email protected]

SOURCE: CatchMark Timber Trust, Inc.