On Tuesday, Shares of Encana Corp (USA)(NYSE:ECA), subtract -1.50% and closed at $10.51 in the last trading session. The last trading range of the stock ranges between $10.27 and $10.84. Encana Corporation (“Encana”) (ECA.TO) (ECA.TO) declared recently that, in connection with its accomplished public offering of 107,000,000 common shares (“Shares”) of Encana at a price of US$9.35 per Share (the “Offering Price”), the over-allotment option granted to the underwriters to purchase up to an additional 16,050,000 additional Shares (the “Over-Allotment Option”) at the Offering Price was exercised in full for additional gross proceeds to Encana of about US$150 million. The sale of the additional Shares recently following the Over-Allotment Option brings the aggregate gross proceeds to Encana from the offering, counting the Over-Allotment Option (collectively, the “Offering”), to about US$1.15 billion.
AGNC Investment Corp (NASDAQ:AGNC), jumped 0.67% and closed at $19.54 in the last trading session. The last trading range of the stock ranges between $19.36 and $19.63. The company’s Market capitalization is $6.43 Billion with the total Outstanding Shares of 331.05 million. – AGNC Investment Corp. (AGNC) (“AGNC” or the “Company”) declared recently that it has changed its name from “American Capital Agency Corp.” to “AGNC Investment Corp.” effective September 30, 2016. This change follows the closing of AGNC’s internalization on July 1, 2016. The Company will continue to trade on the Nasdaq Global Select Market (“Nasdaq”) under its current ticker symbol “AGNC,” and the Company’s website.
Gramercy Property Trust (NYSE:GPT), lost -2.22% and closed at $9.24 in the last trading session. The last trading range of the stock ranges between $9.12 and $9.41. During the 52-week trading session the minimum price at which share price traded, registered at $6.34 and reached to max level of $10.03. Gramercy Property Trust (GPT), a real estate investment trust, declared recently that the Company has priced $350.0 million in senior unsecured notes, consisting of $150.0 million of notes with a six-year term priced at a fixed interest rate of 3.89%, $100.0 million of notes with a nine-year term priced at a fixed interest rate of 4.26%, and $100.0 million of notes with a ten-year term priced at a fixed interest rate of 4.32%, resulting in a weighted average maturity of 8.0 years and a weighted average fixed interest rate of 4.12%. The note sale is subject to finalization of documentation and is expected to close on December 15, 2016.