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Stifel Financial Corp. (NYSE:SF), a full service brokerage and investment banking firm has sold a new issue of preferred stock. Being a financial services firm the offering is required to be a non-cumulative preferred offering with the typical preferred stock terms.  The shares are redeemable in about 5 years, at the option of the company, at par plus accrued dividends. This…

Date Issued  7/11/2016 Shares Issued   6,000,000   Overallotment Shares  None S&P Rating  BB-     Moodys   NR Security Ticker Symbol   SF-A   OTC Grey Market   STIFP Market Traded ON   NYSE Dividend Payment Paid on the 15th of March, June, September and December beginning 9/15/2016 Quarterly Dividends   .391   Annual Dividends  1.563 Securities may be redeemed, at the issuers option, as…

Date Issued  7/12/2016 Shares Issued   2,000,000      Overallotment Shares  300,000 S&P Rating   NR   Moodys Rating   NR Security Ticker Symbol   BRG-C      OTC Grey Market Ticker   BRESP Market Traded ON   NYSE Dividend Payment Paid on the 5th of January, April, July and October beginning on 10/5/2016 Quarterly Dividend   .477   Annual Dividend   1.906 Securities may be…

Ashford Hospitality Trust (NYSE:AHT) has sold a new 7.375% preferred offering in a refinancing transaction.  The proceeds from this offering will be used to redeem the Trusts outstanding 9% preferred issue (NYSE:AHT-E) which became redeemable on 4/18/2016. AHT is a large owner of upscale hotels with branding that includes, Hilton, Westin and Marriott.  The Trust has performed well in the…

Date Issued  7/5/2016 Shares Issued   4,800,000      Overallotment Shares  None S&P Rating   NR   Moodys Rating   NR Security Ticker Symbol   AHT-F      OTC Grey Market Ticker  AHFFP Market Traded ON   NYSE Dividend Payment Paid on the 15th of January, April, July and October beginning on 10/17/2016 Quarterly Dividend   .461   Annual Dividend   1.844 Securities may be…