Enstar Group 7% Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series D

By: ,

Date Issued  6/20/2018

Shares Issued  16,000,000    Overallotment Shares   0

S&P Rating   BB+   Moodys Rating   NA


Security Ticker Symbol   ESGRP       OTC Temp Ticker   ENSTF

Market Traded ON   NYSE

Dividend Payment Paid on the 1st of March, June, September and December beginning on 9/1/2018

Monthly Dividend   .4375   Annual Dividend   1.75

Dividends will float after September 1, 2028 at a rate of 3 month Libor plus 4.015%


Securities may be redeemed, at the issuers option, as early as 09/1/2028 for a redemption price of $25/share plus accrued dividends

Dividend Payment Likely Will be a Qualified Distributions

Maturity Date   None


Click Here to find the offering Prospectus and Final Pricing Document

Tim McPartland

Connect with Tim McPartland

Tim McPartland
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.
Search Dividend Investor