RiverNorth Marketplace Lending Corporation 5.875% Series A Term Preferred Stock Due 2024

By: ,

Date Issued 10/20/2017

Shares Issued  1,440,000   Over-allotment Shares  216,000

S&P Rating   NR   Moodys Rating   NR  Egan-Jones  AA


Security Ticker Symbol   RMPL-    OTC Temporary Ticker   RVNOP

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of February, May, August and November beginning 2/15/2018

Quarterly Dividend   .367   Annual Dividend   1.469

Securities may be redeemed, at the issuers option, as early as 10/31/2020  at a call price of $25 plus accrued dividends.


Dividend Payment Will NOT BE Qualified Distributions.

Maturity Date   10/31/2024


Company Investor Relations Page for RiverNorth Marketplace Lending Corporation

Click here to find the offering Prospectus and Final Pricing Document

Tim McPartland

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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