Global Net Lease 7.25% Series A Cumulative Redeemable Preferred Stock

By: ,

Date Issued   9/7/2017

Shares Issued  4,000,000   Over-allotment Shares  600,000

S&P Rating   NR   Moodys Rating   NR

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Security Ticker Symbol   GNL-A    OTC Temporary Ticker   GNLPP

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of January, April, July, October beginning on 10/15/2017

Quarterly Dividend   .453   Annual Dividend   1.8125

Securities may be redeemed, at the issuers option, as early as 9/12/2022  at a call price of $25 plus accrued dividends.

Dividend Payment Will NOT BE Qualified distributions as REIT preferred do not pay qualified distributions.

Maturity Date  None

 

Company Investor Relations Page for Global Net Lease

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Click here to find the offering Prospectus and Final Pricing Document

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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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