TravelCenters of America LLC 8% Senior Notes Due 2030

By: ,

 

Date Issued   10/09/2015

Shares Issued  4,000,000  Overallotment Shares   600,000

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S&P Rating  NR

Security Ticker Symbol   TANNZ

Market Traded ON   NASDAQ

Interest Payment Paid on the 15th of January, April, July and October beginning on 01/15/2016

Quarterly Interest   .50   Annual Interest   2.00

Securities may be redeemed, at the issuers option, as early as 10/15/2018 for a redemption price of $25/share plus accrued interest

Interest Payment Will NOT be Qualified Distributions.  Payments are interest (not dividends) thus they do not qualify for preferential tax rates.

Maturity Date   10/15/2030

 

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Company Investor Relations Page for Travel Centers of America

Below you can find the offering Prospectus and or final pricing documents

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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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