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Formerly Colony Capital Date Issued   04/08/2015 Shares Issued  10,000,000     Overallotment Shares  1,500,000 S&P Rating   NR    Moodys Rating   NR Security Ticker Symbol   CLNS-H   OTC Temporary Ticker   CYCPP Market Traded ON   NYSE Dividend Payment Paid on the 15th of January, April, July and October beginning on 07/15/2015 Quarterly Dividend   .445   Annual Dividend   1.781 Securities…

Senior living company AdCare Health Systems (ticker:ADK) has sold more shares of their outstanding A series 10.875% preferreds.  The shares had been trading up near $28 until the announcement of further shares being sold.  Shares closed the day $26.25.These shares are perpetual and cumulative and with the current yield of 10.36% they may represent a decent buy for those looking…

Date of Issue  -  4/07/2015Units Sold  255,000   Over-allotment Shares  38,250S&P Rating   NR    Moodys Rating   NRSecurity Ticker Symbol   ARP-E   OTC Temp Ticker   Not Yet AnnouncedMarket Traded ON   NYSEDividend Payment Paid on the 15th of January, April, July and October beginning on 07/15/2015Quarterly Dividend   .672    Annual Dividend   2.688Securities may be redeemed, at the issuers option, as early…

Oil and gas producer Atlas Resource Partners (ticker:ARP) has priced a new preferred offering at 10.75%--wow.  This is a tiny offering of only 255,000 shares (with overallotment of 38,250).  Obviously they don't want to issue more than is necessary at that coupon.ARP has over 14,000 operating wells and they are natural gas focused. We may have an interest in this issue at…

After last weeks weak employment numbers we expected some weakness in the stock market this week.  Well, we did have some softness today and it lasted all of about 30 minutes and then it was up and up ending with a gain of 118 Dow points.  Stocks went up in pretty much all segments and in particular in the crude…