Featured Articles
Harvest Capital Credit Corporation 7% Notes Due 2020
Tim McPartland | January 23, 2015
Date Issued 1/23/2015Shares Issued 1,000,000 Overallotment Shares 100,000S&P Rating NRSecurity Ticker Symbol HCAPLMarket Traded ON NASDAQInterest Payment Paid on the 16th of January, April, July and October beginning 4/16/2015Quarterly Interest .438 Annual Interest 1.75Securities may be redeemed, at the issuers option, as early as 01/16/2017 for a redemption price of $25/share plus accrued interestInterest Payment Will NOT be Qualified Distributions. Payments are…
CorEnergy Infrastructure Trust Announces A Cumulative Redeemable Preferred Stock
Tim McPartland | January 22, 2015
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…
CorEnergy Infrastructure Trust 7.375% Series A Cumulative Redeemable Preferred Stock
Tim McPartland | January 22, 2015
Date Follow On Issue 4/12/2017 Follow On Shares 2,000,000 All terms and condition of the follow on shares are the same as the original issue Date Issued 1/22/2015 Shares Sold 2,200,000 Overallotment Shares 300,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol CORR-A OTC Temporary Ticker CRGYP CUSIP 21870U304 Market Traded ON NYSE Dividend…
Housekeeping – Reader Notes
Tim McPartland | January 22, 2015
Here are some notes we have received from readers recently.Joans asks about the interest payment on the Cowen 8.25% exchange trade debt issue (ticker:COWNL). We can only report that theoffering documents and final term sheet state that the payment will be made on the 15th of January, April, July and October starting January 15th, 2015. If you are due a payment…
New CHS Preferred Now Trading NASDAQ
Tim McPartland | January 22, 2015
The latest preferred issue (7.50% coupon) from CHS has begun trading on the NASDAQ. The ticker is CHSCL. We note that eTrade has their system updated to accept this ticker, but Fidelity did not have it set up so one will have to call if they want to order any shares.Shares are now trading at $25.85. As happens when shares…