CorEnergy Infrastructure Trust Announces A Cumulative Redeemable Preferred Stock

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Diversified energy infrastructure REIT CorEnergy Infrastructure Trust (ticker:CORR) has announced a new cumulative, redeemable preferred stock offering.

The coupon on this issue is 7.37% and it will be a 2 million shares offering.  The ticker symbol for OTC grey market has not been announced as of a few minutes ago.

This is a REIT offering and as such will not pay qualified dividends.

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Details of the issue are here.

Thanks to longtime reader Howard for the heads up on this issue.

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