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AMERICAN REALTY CAPITAL GLOBAL TRUST, INC. FILES (8-K) Disclosing Other Events

June 13, 2014



Item 8.01. Other Events

On June 13, 2014, in light of the approximately $1.39 billion raised as of June 12, 2014 in American Realty Capital Global Trust, Inc.'s (the "Company") $1.5 billion primary initial public offering, the Company announced the reallocation of all remaining unsold shares from its $237.5 million distribution reinvestment plan ("DRIP") to its primary offering, effective at such time as its new DRIP has become effective, which the Company anticipates will occur at least 10 days from the date hereof.

As the Company has previously communicated and, in line with its best practices, the Company plans to close its initial public offering as originally sized (including reallocated DRIP shares) and plans not to raise additional capital through a follow-on offering.


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Source: Edgar Glimpses


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