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DDR provides further update on the impact of Hurricane Maria in Puerto Rico

CLEVELAND, 2017-Oct-05 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) provided a further update today (Oct 04, 2017) on its process of providing assistance and support to its personnel in Puerto Rico as well as assessing damage from Hurricane Maria to its assets in Puerto Rico. "We have now been in contact with all of our team members…
October 5, 20170Comments

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Malls Management

DDR provides assistance and support to its personnel in Puerto Rico affected by Hurricane Maria

CLEVELAND, OH, 2017-Sep-27 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) announced today that it continues the process of providing assistance and support to its personnel in Puerto Rico as well as assessing damage to its 12 assets from Hurricane Maria. "Our thoughts and prayers go out to the people of Puerto Rico during this challenging time. DDR is currently…
September 27, 20170Comments

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Business Financial Management Retail Retailer Shopping

DDR declares third quarter 2017 common stock dividend of $0.19 per share

BEACHWOOD, Ohio, 2017-Sep-19 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) declared its third quarter 2017 common stock dividend of $0.19 per share. The common stock dividend is payable on October 10, 2017 to shareholders of record at the close of business on September 26, 2017. ABOUT DDR Corp. DDR is an owner and manager of 298 value-oriented shopping…
September 19, 20170Comments

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DDR refinances two revolving credit facilities, increasing borrowing capacity to $1.0 billion

BEACHWOOD, Ohio, 2017-Sep-19 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) announced today (Sept. 13, 2017) that it has refinanced its two revolving credit facilities, increasing borrowing capacity to $1.0 billion and extending their maturities. The company also extended the maturity on $200 million of its $400 million unsecured term loan. "The refinancing of our lines of credit and term loan…
September 19, 20170Comments

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DDR announces the pricing of $350 million of 3.900% senior unsecured notes due 2024

BEACHWOOD, Ohio, 2017-Aug-08 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today (Aug 07, 2017) announced the pricing of $350 million of senior unsecured notes in an underwritten public offering.  The offering consists of $350 million of 3.900% notes due 2024.  The notes are being offered to investors at a price of 99.703% with a yield to maturity…
August 8, 20170Comments

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Business Financial Management Retail Retailer

DDR to release its 2Q 2017 financial and operational results on July 26, 2017

BEACHWOOD, Ohio, 2017-Jun-27 — /EPR Retail News/ — DDR Corp. (NYSE:DDR) announced today (Jun 26, 2017) that financial and operational results for the quarter ending June 30, 2017, will be released before the market opens on July 26, 2017.  The Company will host its quarterly earnings conference call and audio webcast on July 26 at…
June 27, 20170Comments

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DDR and Madison International Realty announce recapitalization of DDR Domestic Retail Fund I, totaling $1.05 billion

BEACHWOOD, Ohio, 2017-Jun-15 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) and an affiliate of Madison International Realty today (June 14, 2017) announced the recapitalization of a joint venture with 52 shopping centers previously owned by DDR and various partners through the DDR Domestic Retail Fund I, totaling $1.05 billion. Madison International Real Estate Liquidity Fund VI,…
June 15, 20170Comments

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DDR prices $450 million of senior unsecured notes in an underwritten public offering

BEACHWOOD, Ohio, 2017-May-24 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today (May 23, 2017) announced the pricing of $450 million of senior unsecured notes in an underwritten public offering.  The offering consists of $450 million of 4.700% notes due 2027.  The notes are being offered to investors at a price of 99.817% with a…
May 24, 20170Comments

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DDR streamlines its organizational structure

BEACHWOOD, Ohio, 2017-Apr-05 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today (April 3, 2017) announced the streamlining of its organizational structure in an effort to gain efficiencies, provide appropriate staffing for the Company's current and future operations, facilitate decision-making and lower operating costs. The changes are aimed at further centralizing key operational decision-making…
April 5, 20170Comments

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DDR to release its 4Q 2016 financial results on Monday, February 13, 2017

BEACHWOOD, Ohio, 2016-Dec-01 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) will issue financial results for the quarter ending December 31, 2016, after the market closes on Monday, February 13, 2017. The Company will conduct a conference call and audio webcast on Tuesday, February 14, 2017, at 11 a.m. ET. To access the conference, dial 877-249-1119…
December 1, 20160Comments

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DDR 3Q2016 Class J and Class K Preferred Share Dividends

BEACHWOOD, Ohio, 2016-Sep-09 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) declared its third quarter 2016 Preferred Class J stock dividend of $0.406250 per depositary share and Preferred Class K stock dividend of $0.39063 per depositary share. Each Class J depositary share is equal to one-twentieth of a share of DDR's 6.50% Class J Cumulative Redeemable Preferred…
September 9, 20160Comments

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DDR Board member Thomas F. August named President & Chief Executive Officer

BEACHWOOD, Ohio, 2016-Jul-12 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) announced today that DDR Board member Thomas F. August was named President & Chief Executive Officer, effective immediately. The appointment of Mr. August follows the termination of David J. Oakes as President & Chief Executive Officer and as interim Chief Financial Officer. Mr. Oakes'…
July 12, 20160Comments

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Business Malls Management Retail Retailer

DDR’s CFO and Treasurer Luke J. Petherbridge to step down from his role effective May 6, 2016

BEACHWOOD, Ohio, 2016-May-02 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today announced that Chief Financial Officer and Treasurer Luke J. Petherbridge will step down from his role effective May 6, 2016, in order to assume the position of president and chief executive officer of Excel Trust, a retail REIT owned by a fund affiliated…
May 2, 20160Comments

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DDR CEO David J. Oakes to present at the Citi 2016 Global Property CEO Conference

BEACHWOOD, Ohio, 2016-Mar-07 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today announced that David J. Oakes, president and chief executive officer, will present at the Citi 2016 Global Property CEO Conference. The Company's presentation is scheduled for 11:30 a.m. ET on Monday, March 14, 2016, and may be accessed via the following webcast link:…
March 7, 20160Comments

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DDR Declares Fourth Quarter 2015 dividend

BEACHWOOD, Ohio,  2015-12-10 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) declared its fourth quarter 2015 Preferred Class J stock dividend of $0.406250 per depositary share and Preferred Class K stock dividend of $0.39063 per depositary share. Each Class J depositary share is equal to one-twentieth of a share of DDR's 6.50% Class J Cumulative…
December 10, 20150Comments

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Business Management Retail Retailer

DDR sold 19 operating assets and two land parcels during 3Q 2015

BEACHWOOD, Ohio, 2015-10-3 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today announced that it closed on the disposition of 21 assets totaling $302 million at 100% ownership, $145 million at DDR's share, during the third quarter of 2015. During the third quarter, DDR sold 19 operating assets and two land parcels for an aggregate $145…
October 3, 20150Comments

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