Plymouth REIT 7.50% Series A Cumulative Redeemable Preferred Stock

By: ,

Date Issued  10/18/2017

Shares Issued  1,800,000   Overallotment Shares   270,000

S&P Rating   NR   Moodys  NR

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Security Ticker Symbol   PLYM-A     OTC Temp Ticker PYMHP

Market Traded ON   NYSE

Dividend Payment Paid on the last day of March, June, September and December beginning on 12/31/2017

Quarterly Dividend   .469   Annual Dividend  1.875

Securities may be redeemed, at the issuers option, as early as 12/31/2022 for a redemption price of $25/share plus accrued dividends.

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NOTE–this issue has a penalty coupon which becomes effective 12/31/2024 if shares are not redeemed.  After this date coupon moves up 1.5% per year to a maximum of 11.5% until redeemed.

Distribution Payment Will NOT be a Qualified Distributions

Maturity Date   None

 

Company Investor Relations Page for Plymouth REIT

Click Here to find the offering Prospectus and Final Pricing Document

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