Global Indemnity plc 7.75% Subordinated Notes
By: Tim McPartland,
Date Issued 8/5/2015
Shares Issued 4,000,000 Overallotment shares 600,000
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S&P Rating NR Moodys Rating NR
Security Ticker Symbol GBLIZ
Market Traded ON NASDAQ
Interest Payment Paid on the 15th of February, May, August and November beginning on 11/15/2015
Quarterly Interest .484 Annual Interest 1.9375
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Securities may be redeemed, at the issuers option, as early as 08/15/2020 for a redemption price of $25/share plus accrued interest
Interest Payment Will NOT be a Qualified Distribution (It is interest not a dividend)
Maturity Date 8/15/2045
Company Investor Relations Page for Global Indemnity
Below you can find the offering Prospectus and Final Pricing Document
Tim McPartland
Connect with 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.
