Merrill Lynch Trust IV Preferred 7.12%
By: Tim McPartland,
S&P Rating NR Moodys Rating NR
Security Ticker Symbol MER-E
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Market Traded ON NASDAQ
Interest Payment Paid on the 30th of March, June, September and December beginning on 09/30/1998
Quarterly Interest .45 Annual Interest 1.80
Securities may be redeemed, at the issuers option, as early as 06/30/2008 for a redemption price of $25/share plus accrued interest
Distribution Payment Will NOT be a Qualified Distributions — Payment is treated as interest not a dividend.
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Maturity Date None
Company Investor Relations Page for Merrill Lynch
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.
