Apple Hospitality REIT (APLE) filed a registration statement with the US Securities and Exchange Commission for the potential sale of an unspecified amount of various securities from time to time.
The filing covers common. preferred shares and depositary shares, warrants, rights and debt securities, the company said Tuesday.
The company plans to use the net proceeds for general corporate purposes, which may include acquisitions of properties, debt repayment, capital expenditures, working capital and the expansion, redevelopment or improvement of properties in its portfolio.
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