ING Groep Perpetual Debt Securities 7.2%
By: Tim McPartland,
S&P Rating BBB- Moodys Rating NR
Security Ticker Symbol INZ
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Market Traded ON NYSE
Interest Payment Paid on the 15th of March, June, September and December beginning on 03/15/2003
Quarterly Interest .45 Annual Interest 1.80
Securities may be redeemed, at the issuers option, as early as 12/15/2007 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 NONE-Perpetual
Company Investor Relations Page for ING Groep
Below you can find the offering Prospectus and or final pricing documents
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Tim McPartland
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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.
