AmTrust Financial Services 7.25% Non Cumulative Preferred Stock – Now Trading
By: Tim McPartland,
June 27, 2014 11:30 am
Insurance company AmTrust Financial Services has sold a new issue of 7.25% preferred stock. Of course being a financial company the issue is non cumulative. We do not have interest in this issue at this time as we are not looking for more ‘perpetual’ preferreds.
The issue has begun trading today on the OTC market under the temporary ticker of AMTFP.
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Details of the issue are here.
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
