Sotherly Hotels 7.25% Senior Notes Due 2021
By: Tim McPartland,
Date Issued 2/8/2018
Shares Issued 1,000,000 Overallotment Shares 150,000
S&P Rating NR Moodys NR
Security Ticker Symbol SOHOK
Market Traded ON NASDAQ
Interest Payment Paid on the 15th of February, May, August and November beginning on 5/15/2018
Quarterly Interest .492 Annual Interest 1.967
Securities may be redeemed, at the issuers option, as early as 2/15/2019 for a redemption price of $25/share plus accrued interest.
Payment Will NOT be a Qualified Distributions. Payments are interest-not dividends.
Maturity Date 2/15/2021
Company Investor Relations Page for Sotherly Hotels