Ryman Hospitality prices 5,100,000-share follow-on offering at $117 per share
Reuters2026/08/11 00:08Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Ryman Hospitality Properties priced an underwritten public offering of 5,100,000 common shares at USD 117 per share.
- Underwriters received a 30-day option to buy up to 765,000 additional shares.
- Closing is expected on Aug. 12, 2026, subject to customary conditions.
- Net proceeds are expected to fund part of the USD 1.38 billion Grande Lakes acquisition in Orlando, Florida, with the remainder from cash and debt.
- If the acquisition does not close, proceeds are expected to be used for general corporate purposes.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ryman Hospitality Properties Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608102008PRIMZONEFULLFEED9807420) on August 11, 2026, and is solely responsible for the information contained therein.
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