NuStar Energy LP 9% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
By: Tim McPartland,
Date Issued 11/23/2017
Units Sold 6,000,000 Overallotment Units 900,000
S&P Rating NR Moodys Rating NR
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Security Ticker Symbol NS-C OTC Grey Market NSSTP
Market Traded ON NYSE
Dividend Payment Paid on the 15th of March, June, September and December beginning on 03/15/2018
Quarterly Dividend .563 Annual Dividend 2.25
After 12/15/2022 the coupon will float at 3 month Libor plus 6.88%
Securities may be redeemed, at the issuers option, as early as 12/15/2022 for a redemption price of $25/share plus accrued dividends
Dividend Payment will not be a Qualified Distribution
Maturity Date None
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