Giant Global Banker JPMorgan Chase Sells a New Preferred

By: Tim McPartland, July 10, 2017

Giant Global Banker JPMorgan Chase has sold a new non cumulative preferred stock offering.

Details of the offering are here.

This issue will begin to trade on the OTC grey market tomorrow (Friday)

JPMorgan Chase has 6 earlier preferred issues currently trading. It is always good to check how the current issues are trading prior to making a decision on whether the new issue is superior to already outstanding issues. Our comparison page (‘Swaps’) is here.

If you are unaware of how to buy preferred stocks at ‘wholesale’ prices you can get the details here.

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.

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