NuStar Energy L.P. 8.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
By: Tim McPartland,
Date Issued 11/18/2016
Units Sold 8,000,000 Overallotment Units 1,200,000
S&P Rating NR Moodys Rating NR
Security Ticker Symbol NS-A OTC Grey Market NTSRF
Market Traded ON NYSE
Dividend Payment Paid on the 15th of March, June, September and December beginning on 03/15/2017
Quarterly Dividend .531 Annual Dividend 2.125
After 12/15/2021 the coupon will float at 3 month Libor plus 6.766%
Securities may be redeemed, at the issuers option, as early as 12/15/2021 for a redemption price of $25/share plus accrued dividends
Dividend Payment will not be a Qualified Distribution
Maturity Date None
Company Investor Relations Page for NuStar Energy
Click here for the prospectus or final pricing document
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