CatchMark Announces Exercise of Overallotment Option and Closing of Public Offering of Class A Common Stock

Staff Report From Metro Atlanta CEO

Wednesday, October 18th, 2017

CatchMark Timber Trust, Inc. announced the completion of its underwritten public offering of 4,600,000 shares of Class A common stock at $12.35 per share. The number of shares includes the exercise in full of the underwriters' option to purchase up to 600,000 additional shares.

Raymond James, Stifel, and RBC Capital Markets served as joint book-running managers for the offering. FBR Capital Markets & Co. served as the lead manager for the offering.