Tremont Mortgage Trust Announces Proposed Public Offering of 12,500,000 Common Shares

Published: 15/05/2019
Tremont Mortgage Trust Announces Proposed Public Offering of 12,500,000 Common Shares
Source: WWW.BUSINESSWIRE.COM

NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced that it has commenced a public offering of 12,500,000 of its common shares. TRMT expects to use a portion of the net proceeds from this offering to repay the entire amount outstanding under the credit agreement with its manager (the Manager) as lender (the RMR Credit Agreement), at which time the RMR Credit Agree

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