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REIT Colony Capital Sells a Preferred Issue

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REIT Colony Capital (ticker:CLNY) has sold a large preferred issue.  Coupon on the issue is 7.125% which in our opinion is too low as they have 2 issues outstanding with current yields of 7.32% and 8%.  The issue is perpetual and cumulative.

Details of this issue are here.

The issue will begin trading tomorrow on the OTC Grey market.

Bryan Perry Dividend Income Expert Bryan Perry

Earn 8% on this "Government Mandated Income Opportunity"


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