South Jersey Industries Inc. 5.625% Junior Subordinated Notes due 2079

By: ,

Date Issued   9/9/2019

Shares Issued 8,000,000   Overallotment Shares  None

S&P Rating  BB+  Moodys Rating  NR


Security Ticker Symbol   SJIJ

Market Traded ON   NYSE

Interest Payment Paid on the 16th of March, June, September and December beginning on 12/16/2019

Quarterly Interest  .3516   Annual Interest   1.4063

Securities may be redeemed, at the issuers option, as early as 09/16/2024 for a redemption price of $25/share plus accrued interest


Interest Payment will NOT be a qualified distribution as it is a interest payment–not a dividend

Maturity Date  9/16/2079

Click here to find the offering Prospectus

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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