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Financial News Releases - WPG

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07/09/15WP Glimcher Announces Timing of Second Quarter 2015 Conference Call
COLUMBUS, Ohio--(BUSINESS WIRE)--Jul. 9, 2015-- WP Glimcher Inc. (NYSE: WPG) announced today that the Company will hold a conference call on Tuesday, August 4, 2015 at 11:00 a.m. (ET) to discuss the Company’s financial and operating results for second quarter 2015. The dial-in number for the conference call is 877.422.8928 (or +1.412.455.6229 for international callers), and the participant passcode is 82099132. The live webcast will be ava... 
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06/04/15WP Glimcher Completes 5-Year, $500 Million Term Loan; Company Fully Repays Remainder of Bridge Loan
COLUMBUS, Ohio--(BUSINESS WIRE)--Jun. 4, 2015-- WP Glimcher (NYSE: WPG), a premier retail real estate investment trust specializing in the ownership, management and development of shopping centers, today announced that the Company has entered into a new 5-year, $500 million term loan. The Company used the proceeds to fully repay the remainder of the Company’s outstanding bridge loan that was used to finance the January 2015 acquisition of Glimcher Realty... 
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06/01/15WP Glimcher Completes Formation of Joint Venture with O’Connor Capital Partners for Five Properties; $430 Million of Proceeds Used to Repay Portion of Bridge Loan
COLUMBUS, Ohio--(BUSINESS WIRE)--Jun. 1, 2015-- WP Glimcher (NYSE: WPG), a premier retail real estate investment trust specializing in the ownership, management and development of shopping centers, today announced the successful completion of the formation of its joint venture with O’Connor Mall Partners, L.P., an affiliate of O’Connor Capital Partners (“O’Connor”). As a result of the transaction, O’Connor now has a 49% interest in the joi... 
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06/01/15WP Glimcher Announces Management Transition
Mark S. Ordan to transition to non-executive Chair Michael P. Glimcher to continue to serve as CEO Marc Richards to depart upon substantial completion of integration COLUMBUS, Ohio--(BUSINESS WIRE)--Jun. 1, 2015-- WP Glimcher (NYSE: WPG) today announced that Mark S. Ordan, currently the Executive Chairman of the Board, will transition to serve as an active non-executive Chairman of the Board and will provide consulting ser... 
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05/28/15WP Glimcher to Present at NAREIT’s 2015 Investor Forum
COLUMBUS, Ohio--(BUSINESS WIRE)--May 28, 2015-- WP Glimcher (NYSE: WPG), a premier retail real estate investment trust specializing in the ownership, management and development of shopping centers, announced today that members of the Company’s senior management team will present at REITWeek 2015: NAREIT's Investor Forum® on Wednesday, June 10 at 11:00 a.m. ET, at the New York Hilton Midtown in New York, NY. A live audio webcast will be available on the i... 
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05/21/15WP Glimcher Board of Directors Declares Second Quarter Dividend
COLUMBUS, Ohio--(BUSINESS WIRE)--May 21, 2015-- WP Glimcher (NYSE: WPG) today announced that the company’s Board of Directors declared a quarterly cash dividend on its common shares, operating partnership units and preferred shares. A cash dividend of $0.25 per common share and operating partnership unit was declared. The dividend is payable on Monday, June 15, 2015 to shareholders and operating partnership unit holders of record on Wednesday, Jun... 
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05/06/15WP Glimcher Reports First Quarter 2015 Results
COLUMBUS, Ohio--(BUSINESS WIRE)--May 6, 2015-- WP Glimcher (NYSE: WPG), a premier retail real estate investment trust specializing in the ownership, management and development of shopping centers, today reported financial results and operating data for the first quarter ended March 31, 2015. The Company issued a statement from Mark Ordan, Chairman and Michael P. Glimcher, CEO: "Our management team is fully integrated across all dis... 
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04/16/15WP Glimcher to Report First Quarter 2015 Results on Thursday, May 7
COLUMBUS, Ohio--(BUSINESS WIRE)--Apr. 16, 2015-- WP Glimcher (NYSE: WPG) announced today that the Company will hold a conference call on Thursday, May 7, 2015 at 11:00 a.m. (ET) to discuss the Company’s financial and operating results for first quarter 2015 as well as earnings guidance and outlook for 2015. The dial-in number for the conference call is 866.515.2908 (or +1.617.399.5122 for international callers), and the participant passcode ... 
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03/24/15WP Glimcher Completes Previously Announced Private Offering of Senior Notes
COLUMBUS, Ohio--(BUSINESS WIRE)--Mar. 24, 2015-- Washington Prime Group Inc. (d/b/a WP Glimcher) (NYSE: WPG) announced today that its majority owned operating partnership subsidiary, Washington Prime Group L.P. (the “Operating Partnership”) closed its sale of $250 million aggregate principal amount of 3.850% senior notes due 2020 in connection with its previously announced private offering. The Operating Partnership received net proceeds from the ... 
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03/17/15WP Glimcher Announces Pricing of Private Offering of Senior Notes
COLUMBUS, Ohio--(BUSINESS WIRE)--Mar. 17, 2015-- Washington Prime Group Inc. (d/b/a WP Glimcher) (NYSE: WPG), announced today that its majority owned operating partnership subsidiary, Washington Prime Group L.P. (the “Operating Partnership”), has priced $250 million principal amount of its 3.850% senior notes due April 1, 2020. Closing of the offering is expected to occur on March 24, 2015, subject to customary closing conditions. The Oper... 
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03/12/15WP Glimcher Announces Redemption of Series G Preferred Shares
COLUMBUS, Ohio--(BUSINESS WIRE)--Mar. 12, 2015-- Washington Prime Group Inc. (d/b/a WP Glimcher) (NYSE: WPG), announced today that it intends to redeem all of its issued and outstanding 8.125% Series G Cumulative Redeemable Preferred Stock (the “Series G Shares”) (CUSIP: 92939N 201). All of the 4,700,000 issued and outstanding Series G Shares will be redeemed. Holders of Series G Shares through the Depository Trust Company will be redeemed in accordance ... 
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02/26/15WP Glimcher Announces Joint Venture with O’Connor Capital Partners for Five Malls Valued at $1.625 Billion
COLUMBUS, Ohio--(BUSINESS WIRE)--Washington Prime Group Inc. (d/b/a WP Glimcher) (NYSE: WPG) announced today that the company has entered into a definitive agreement providing for a joint venture with O’Connor Mall Partners, L.P. , an affiliate of O'Connor Capital Partners (“O’Connor”), with respect to the ownership and operation of five of WP Glimcher’s malls, which are valued at approximately $1.625 billion. This pricing implies an ap... 
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02/26/15WP Glimcher Announces Fourth Quarter and Full Year 2014 Results
Provides 2015 Guidance COLUMBUS, Ohio--(BUSINESS WIRE)--Feb. 26, 2015-- WP Glimcher (NYSE:WPG) today reported financial results and operating data for the fourth quarter and full year 2014. WP Glimcher will host a conference call and webcast on Thursday, February 26, 2015 at 11:00 a.m. ET, to discuss the financial results. "WP Glimcher is well positioned to deliver shareholder value by generating cash flow from our combined portfolio o... 
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02/25/15WP Glimcher to Present at Citigroup 2015 Global CEO Conference
COLUMBUS, Ohio--(BUSINESS WIRE)--Feb. 25, 2015-- Washington Prime Group Inc. (d/b/a WP Glimcher) (NYSE: WPG), announced today that Chairman Mark S. Ordan, CEO Michael P. Glimcher, and CFO Mark E. Yale will present an overview of the company followed by a question and answer period at the Citigroup 2015 Global Property CEO Conference. At this conference, investors and real estate companies come together to interact in one location through roundtable discu... 
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02/24/15WP Glimcher Board of Directors Declares Quarterly Dividend
COLUMBUS, Ohio--(BUSINESS WIRE)--Feb. 24, 2015-- Washington Prime Group Inc. (d/b/a WP Glimcher) (NYSE: WPG) announced today that the company’s Board of Directors declared a quarterly cash dividend on its common shares, operating partnership units and preferred shares. A cash dividend of $0.11 per common share and operating partnership unit was declared. This is in addition to the $0.14 stub dividend paid on January 22, 2015. The dividend is payable on M... 
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02/06/15WP Glimcher Schedules Conference Call to Report Fourth Quarter and Full Year 2014 Results and Provide 2015 Guidance
COLUMBUS, Ohio--(BUSINESS WIRE)--Feb. 6, 2015-- WP Glimcher (NYSE: WPG) announced today that the Company will hold a conference call on Thursday, February 26, 2015 at 11:00 a.m. (ET) to discuss the Company’s financial and operating results for the fourth quarter and full year 2014, issue earnings guidance and outlook for 2015 and provide an update on the Company's recently completed merger and related ongoing integration. The dial-in numbe... 
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02/03/15WP Glimcher Announces Annual Shareholder Meeting
COLUMBUS, Ohio--(BUSINESS WIRE)--Feb. 3, 2015-- Washington Prime Group Inc. (NYSE: WPG) announced today that its 2015 annual meeting of shareholders (the “2015 Annual Meeting”) has been scheduled for May 21, 2015. The Board of Directors of WP Glimcher has fixed the close of business on March 27, 2015 as the record date for the 2015 Annual Meeting. Rule 14a-8 Shareholder Proposal Deadline. Because the 2015 Annual Meeting is WP Glimcher’s fi... 
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01/20/15WP GLIMCHER Announces Tax Reporting Information for 2014 Common and Preferred Share Distributions for Washington Prime Inc. and Glimcher Realty Trust
COLUMBUS, Ohio--(BUSINESS WIRE)--Jan. 20, 2015-- WP GLIMCHER (NYSE:WPG) today announced the tax reporting information (Federal Form 1099) for both Washington Prime Group Inc. (“Washington Prime”) and Glimcher Realty Trust (“GRT”) for the year 2014 distributions. The distributions relate to the common shares of each entity as well as GRT’s Series G Cumulative Redeemable Preferred Shares of Beneficial Interest (“Series G Preferred Shares”), GRT’s Series H ... 
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01/15/15Washington Prime Group Completes Acquisition of Glimcher Realty Trust; Company to Be Known as WP GLIMCHER
BETHESDA, Md. & COLUMBUS, Ohio--(BUSINESS WIRE)--Jan. 15, 2015-- Washington Prime Group Inc. (“Washington Prime”) (NYSE:WPG) today announced it has completed the previously announced acquisition of Glimcher Realty Trust (“Glimcher”). The company will be known as WP GLIMCHER, and continue to trade on the New York Stock Exchange under the ticker WPG. Mark S. Ordan, Executive Chairman of WP GLIMCHER said, “We are very pleased to have complete... 
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