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Stock Market & Financial Investment News

News Breaks
July 22, 2014
16:07 EDTFPIFarmland Partners files to sell 3.72M shares of common stock
Baird and Stifel are acting as joint book running managers for the offering.
News For FPI From The Last 14 Days
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October 17, 2014
09:01 EDTFPIFarmland Partners announces agreement of acquisition of $25M of farms
Farmland Partners (FPI) announced that it has entered into eight separate purchase agreements with separate sellers to acquire nine farms in Arkansas and Nebraska totaling approximately 6,080 acres for aggregate consideration of approximately $25M in cash. The acquisitions are expected to close in 2014, and are subject to customary closing conditions. The company also announced the expansion of the secured note purchase facility with the Federal Agricultural Mortgage (AGM) from $30M to $75M. Additionally, the company announced the pricing of a $5.46M, three-year, interest-only bond at 2.35% under the Farmer Mac facility.

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