Featured Articles
AmTrust Financial Services 7.50% Non-Cumulative Preferred Stock, Series D
Tim McPartland | March 15, 2015
Date Issued 3/12/2015 Shares 6,600,000 Overallotment Shares 990,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol AFSI-D OTC Temp Ticker AMSVP Market Traded ON NYSE Dividend Payment Paid on the 15th of March, June, September and December beginning on 6/15/2015 Quarterly Dividend .469 Annual Dividend 1.875 Securities may be redeemed, at the…
So Much for Higher Interest Rates
Tim McPartland | March 13, 2015
While we repositioned our portfolios for higher interest rates in 2015 it is definitely questionable whether a 3% quess will be hit. Of course if you watch the main stream media you can hear guesses on the 10 year treasury all the way from a negative rate up to 3%. Certainly it appears to be a coin toss (it always…
Arlington Asset Investment Corp Prices Senior Notes
Tim McPartland | March 11, 2015
Investment corporation Arlington Asset Investment Corp (ticker:AI) (not a REIT--a C Corp) has announced pricing of a Senior Note issue. AI is essentially a mortgage investor--but not a mortgage REIT.The issue is priced at 6.75% and will begin trading in the next week or so.The ticker symbol has not yet been announced, but we will post it as soon as…
Arlington Asset Investment Corp 6.75% Senior Notes
Tim McPartland | March 11, 2015
Date Issued 3/11/2015Shares Issued 1,280,000 Overallotment Shares 192,000S&P Rating NR Moodys NRSecurity Ticker Symbol AICMarket Traded ON NYSEInterest Payment Paid on the 15th of March, June, September and December beginning on 6/15/2015Quarterly Interest .422 Annual Interest 1.688Securities may be redeemed, at the issuers option, as early as 3/15/2018 for a redemption price of $25/share plus accrued…
Always Happy for a Quiet Day
Tim McPartland | March 11, 2015
While stock and bond markets can certainly get wild and crazy today was a relatively quiet day--and we find these days pretty relaxing. We watch the markets all day long, which we don't recommend, and have for years, but we still get somewhat tense watching major down days like yesterday. Honestly there is no reason to watch all day as…


