Featured Articles
TriplePoint Venture Growth BDC Corp 6.75% Notes Due 2020
Tim McPartland | August 4, 2015
Date Issued 7/30/2015Shares Issued 2,000,000 Overallotment Shares 300,000S&P Rating NR Moodys Rating NRSecurity Ticker Symbol TPVZ OTC Temp Ticker - Likely will not trade OTCMarket Traded On NYSEInterest Payment Paid on the 15th of January, April, July and October beginning on 10/15/2015Quarterly Interest .422 Annual Interest 1.688Securities may be redeemed, at the issuers option, as early as 7/15/2017 for a redemption price…
A Massacre Like No Other
Tim McPartland | August 3, 2015
We have never, ever, seen a massacre of a large sector like the one that took place in the MLP segment today. While the upstream oil and gas companies took the brunt of the hit, losses spilled over to all kinds of segments of the partnership arena.We have cautioned time and again to stay away from the upstream companies, but…
A Record Month for The Yield Hunter
Tim McPartland | August 2, 2015
With the arrival of August we have begun our 10th year in publication. When we started publishing back in 2006 we started with 5, 10 or maybe 15 visitors to our site each day. Like all websites, generating traffic is a top priority. While the site was (and is) a 'hobby' we couldn't spend thousands and thousands of dollars to…
Iberiabank Sells a Fixed to Floating Preferred Issue – Corrected
Tim McPartland | July 30, 2015
Louisiana banker Iberiabank Corporation has sold a new fixed to floating non cumulative perpetual preferred stock offering.The issue was scheduled to start trading on the OTC grey market today.This is a dividend qualified issue that begins with a coupon of 6.625% and begins to float in 2025.NOTE--this issue pays dividends just twice a year. When it begins floating the coupon…
Iberiabank Corporation 6.62% Fixed to Floating Non Cumulative Perpetual Preferred Stock, Series B
Tim McPartland | July 30, 2015
CAUTION--THIS PREFERRED ISSUE PAYS DIVIDENDS JUST TWICE PER YEARDate Issued 7/29/2015Shares Issued 3,000,000 Overallotment Shares 450,000S&P Rating NR Moodys Rating NRSecurity Ticker Symbol IBKCP OTC Temp Ticker IBBRPMarket Traded On NASDAQDividend Payment Paid on the 1st of February and August beginning on 2/01/2016Semi Annual Dividend .828 Annual Dividend 1.656On 8/1/2025 Coupon Rate Floats. The rate will be 3 month libor plus 4.262%…