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WPG

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Financial News Releases - WPG

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05/17/18Washington Prime Group Board of Directors Declares Quarterly Dividend
COLUMBUS, Ohio, May 17, 2018 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (NYSE:WPG) today announced that the Company’s Board of Directors declared a quarterly cash dividend on its common shares and operating partnership units.  A cash dividend of $0.25 per common share and operating partnership unit was declared. The dividend is payable on June 15, 2018 to shareholders and operating partnership unit holders of record on June 1, 2018. In addition, the Board of Directors declared quarterl... 
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04/25/18Washington Prime Group Reports First Quarter 2018 Results
- Completes acquisition of Southgate Mall, a dominant town center - Completes acquisition of Sears properties located at four Tier One properties - Company reaffirms fiscal 2018 guidance COLUMBUS, Ohio, April 25, 2018 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (NYSE:WPG) today reported financial and operating results for the first quarter ended March 31, 2018 that reflect continued progress of the execution of the Company’s financial, operating and strategic objectives. A description o... 
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04/12/18Washington Prime Group Announces Timing of First Quarter 2018 Earnings Conference Call
COLUMBUS, Ohio, April 12, 2018 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (NYSE:WPG) today announced that the Company will hold a conference call on Thursday, April 26, 2018 at 11:00 a.m. Eastern Time to discuss the Company’s first quarter 2018 financial and operating results. The dial-in number for the conference call is 844.646.4463 (or +1.615.247.0256 for international callers), and the participant passcode is 8775677. The live audio webcast of the call will be available on the inve... 
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04/06/18Washington Prime Group to Transform Department Store Space at Southern Park Mall
COLUMBUS, Ohio, April 06, 2018 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (NYSE:WPG) today announced its most recent redevelopment effort, a multi-million dollar project anchored by the addition of diversified tenants at Southern Park Mall, a Tier One asset located in Youngstown, Ohio. The Company is in discussions with new tenants, which will be announced in the future, for the high visibility anchor space currently occupied by Sears. The Company proactively negotiated an early terminat... 
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03/12/18Washington Prime Group to Acquire Four Sears Stores Located at Tier One Assets through a Sale-Leaseback
COLUMBUS, Ohio, March 12, 2018 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (NYSE:WPG) today announced that it has signed a definitive agreement to acquire through a sale-leaseback transaction four Sears department stores and four adjacent Sears Auto Centers (collectively, the “Properties”) located at Tier One assets. The purchase price is approximately $28.5 million, and Washington Prime Group (the “Company”) expects to complete the acquisition during the second quarter of 2018, subject to... 
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02/26/18Washington Prime Group to Present at Citi 2018 Global Property CEO Conference
COLUMBUS, Ohio, Feb. 26, 2018 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (NYSE:WPG) today announced that Lou Conforti, CEO and Director, and Mark Yale, CFO, will participate in a roundtable presentation at the Citi 2018 Global Property CEO Conference in Hollywood, Florida. The Company’s roundtable presentation is scheduled for Wednesday, March 7, 2018 at 8:10 a.m. ET. A live audio webcast of the presentation will be available on the Company’s investor relations website at http://invest... 
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02/21/18Washington Prime Group Reports Fourth Quarter and Fiscal Year 2017 Results
COLUMBUS, Ohio, Feb. 21, 2018 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (NYSE:WPG) today reported financial and operating results for the fourth quarter and fiscal year ended December 31, 2017 that reflect continued progress of the execution of the Company’s financial, operating and strategic objectives. A description of each non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure are included in this release.     Three Mo... 
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02/20/18Washington Prime Group Board of Directors Declares Quarterly Dividend
COLUMBUS, Ohio, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (NYSE:WPG) today announced that the Company’s Board of Directors declared a quarterly cash dividend on its common shares and operating partnership units. A cash dividend of $0.25 per common share and operating partnership unit was declared. The dividend is payable on March 15, 2018 to shareholders and operating partnership unit holders of record on March 5, 2018. In addition, the Board of Directors declared quarterl... 
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02/09/18Washington Prime Group Announces Continued Progress on Anchor Repositioning Efforts  
COLUMBUS, Ohio, Feb. 09, 2018 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (NYSE:WPG) today announced continued progress on its anchor repositioning efforts. Lou Conforti, CEO and Director stated: “Since 2015, WPG has completed, started or approved 15 anchor repositioning projects at our enclosed assets. Anchor repositioning is a testament to our hybrid model of combining enclosed and open air formats within a single convenient location. When we say our objective is to fortify our positi... 
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01/22/18Washington Prime Group Recasts $1 Billion Revolving Credit and Term Loan Facility
COLUMBUS, Ohio, Jan. 22, 2018 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (NYSE:WPG) today announced that its operating partnership, Washington Prime Group, L.P., has amended and restated its existing revolving credit and term loan facility that was set to mature with extension options on May 30, 2019. The newly recast $1 billion facility can be increased to $1.5 billion through currently uncommitted facility commitments. Excluding this accordion feature, the newly recast facility includes... 
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01/18/18Washington Prime Group Announces Tax Reporting Information for 2017 Distributions
COLUMBUS, Ohio, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (NYSE:WPG) today announced the 2017 tax reporting information (Federal Form 1099) for distributions as shown below. The distributions relate to its common shares, Series H Cumulative Redeemable Preferred Shares of Beneficial Interest and Series I Cumulative Redeemable Preferred Shares of Beneficial Interest. Amounts reported to Dividend Reinvestment and Stock Purchase Plan participants will differ due to administr... 
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01/18/18Washington Prime Group Announces Timing of Fourth Quarter and Full Year 2017 Conference Call
COLUMBUS, Ohio, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (NYSE:WPG) today announced that the Company will hold a conference call on Thursday, February 22, 2018 at 1:00 p.m. Eastern Time to discuss the Company’s fourth quarter and full year 2017 financial and operating results. The dial-in number for the conference call is 844.646.4463 (or +1.615.247.0256 for international callers), and the participant passcode is 9071348. The live audio webcast of the call will be avail... 
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