Central Parking Corporation Announces Quarterly Dividend On Convertible Preferred Securities.NASHVILLE, Tenn.--(BUSINESS WIRE)--June 12, 1998--Central Parking Corporation (NYSE NYSE See: New York Stock Exchange :CPC (1) (Central Processing Complex) An IBM mainframe that has two or more central processors (CPs) that share memory. It is the collection of processors, memory and I/O subsystems manufactured with a single serial number, typically all contained in one cabinet. ) today announced declaration of the initial quarterly dividend of $0.379167 a share on the convertible preferred securities that were issued in a private placement to qualified institutions in March 1998. The dividend will have a record date of June 15, 1998, and will be distributed to security holders on July 1, 1998. Since the payment declared today is the initial dividend on this issue, the period covered by this payment is from March 18, 1998 through June 30, 1998. The dividend is being paid through Central Parking Finance Trust, an affiliate of the Company. Central Parking Corporation also announced today that a registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the 4.4 million shares of convertible preferred securities issued as of March 18, 1998, in a private placement under Rule 144A Rule 144A A Securities & Exchange Commission rule modifying a two-year holding period requirement on privately placed securities to permit qualified institutional buyers to trade these positions among themselves. of the Securities Act of 1933, has been declared effective by the U.S. Securities and Exchange Commission with respect to the sale of these securities. Central Parking Corporation, headquartered in Nashville, Tennessee, is the leading provider of parking and transportation-related services in the world. The Company operates 2,271 parking facilities containing more than 944,000 spaces throughout the United States, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Canada, Puerto Rico, the United Kingdom, Mexico, Germany, Malaysia, Chile and Spain. The Company's complete range of services includes facility management, development, advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , leasing and on-street enforcement. CONTACT: Central Parking Corp., Nashville Stephen Tisdell, 615/297-4255 ext. 265 stisdell@parking.com |
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