Chimera Investment Corp 8% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
By: Tim McPartland,
Date Sold   1/15/2019
Shares Issued  7,400,000  Overallotment Shares  1,110,000
S&P Rating   NR   Moodys Rating  NR
Security Ticker Symbol   CIM-D    OTC Grey Market   CMIMP
Market Traded ONÂ Â NYSE
Dividend Payment Paid on the 30th of March, June, September and December beginning on 6/30/2019
Quarterly Dividend  .50  Annual Dividend  2.00
Securities may be redeemed, at the issuers option, as early as 3/30/2024 for a redemption price of $25/share plus accrued dividends.
Coupon is fixed at 8% until 3/30/2024 after which it floats at 5.379% plus 3 month Libor.
Dividend Payment Will NOT be a Qualified Distributions (REIT Preferred Share dividends are not Qualifying Dividends)
Maturity Date  None
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Company Investor Relations Page for Chimera Investment Corporation
Click Here to find the offering Prospectus and/or Final Pricing Document
