KCAP Financial, 7.375% Senior Notes Due 9/30/2019

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Date Issued   10/6/2012

Shares Issued   1,440,000     Overallotment Shares  216,000

S&P Rating  NR

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Security Ticker Symbol   KAP

Market Traded ON   NYSE

Interest Payment Paid on the 30th of March, June,  September and December beginning on 12/30/2012

Quarterly Interest   .461   Annual Interest   1.844

Securities may be redeemed, at the issuers option, as early as 09/30/2015 for a redemption price of $25/share plus accrued interest

Interest Payment Will NOT be Qualified Distributions.  Payments are interest (not dividends) thus they do not qualify for preferential tax rates.

Maturity Date   9/30/2019

 

Company Investor Relations Page for KCAP Financial

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Below you can find the offering Prospectus and/or final pricing documents

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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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