NuStar Energy LP 9% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units

By: ,

Date Issued   11/23/2017

Units Sold  6,000,000            Overallotment Units   900,000

S&P Rating   NR   Moodys Rating   NR


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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