Featured Articles
City Office REIT, Inc. 6.625% Series A Cumulative Redeemable Preferred Stock
Tim McPartland | September 28, 2016
Date Issued 9/26/2016 Shares Issued 4,000,000 Overallotment Shares 600,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol CIO-A OTC Grey Market Ticker CYORP Market Traded ON NYSE Dividend Payment Paid on the 25th of January, April, July and October beginning on 1/25/2017 Quarterly Dividend .414 Annual Dividend 1.656 Securities may be redeemed, at…
Arch Capital Group LTD 6.75% Non-Cumulative Preferred Shares, Series C
Tim McPartland | September 22, 2016
Date Issued 3/28/2012 Shares Issued 13,000,000 Overallotment Shares None S&P Rating BBB Moodys Rating Baa2 Security Ticker Symbol ARH-C OTC Temp Ticker ACGLF Market Traded ON NYSE Dividend Payment Paid on the last day of March, June, September and December beginning on 6/30/2012. Quarterly Dividend .422 Annual Dividend 1.688 Securities may be redeemed, at the issuers option, as early as 04/2/2017 for a…
Insurers Sell Preferreds
Tim McPartland | September 22, 2016
In the last couple of days 2 insurance companies have moved to take advantage of the current ultra low interest rate environment by selling new preferred stock issues. AmTrust Financial Services (NASDAQ:AFSI), a property and casualty insurer, has sold a new preferred issue with a coupon of 6.95%. AFSI has been one of the most active issuers of preferred stock…
Arch Capital Group 5.25% Non-Cumulative Preferred Shares, Series E
Tim McPartland | September 22, 2016
Date Issued 9/22/2016 Shares Issued 18,000,000 Overallotment Shares 2,700,000 S&P Rating BBB Moodys Rating Baa2 Security Ticker Symbol ACGLP OTC Temp Ticker ARHPF Market Traded ON NASDAQ Dividend Payment Paid on the last day of March, June, September and December beginning on 1/3/2017 Quarterly Dividend .328 Annual Dividend 1.313 Securities may be redeemed, at the issuers option, as early as 09/29/2021 for a…
AmTrust Financial Services Inc. 6.95% Non-Cumulative Preferred Stock, Series F
Tim McPartland | September 22, 2016
Date Issued 9/20/2016 Shares Issued 10,000,000 Overallotment Shares 1,500,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol AFSI-F OTC Temp Ticker ATMRP Market Traded ON NYSE Dividend Payment Paid on the 15th of March, June, September and December beginning on 12/15/2016 Quarterly Dividend .4344 Annual Dividend 1.738 Securities may be redeemed, at the issuers option, as early as 09/27/2021 for a redemption…
