Featured Articles
AmTrust Financial Services 7.25% Non Cumulative Preferred Stock – Series B
Tim McPartland | June 27, 2014
Date Issued 6/26/2014 Shares 4,000,000 Overallotment Shares 600,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol AFSI-B OTC Temp Ticker AMTFP Market Traded ON NYSE Dividend Payment Paid on the 15th of March, June, September and December beginning on 9/15/2014 Quarterly Dividend .453 Annual Dividend 1.8125 Securities may be redeemed, at the…
National General Holdings Corp 7.50% Non Cumulative Preferred Stock-Series A
Tim McPartland | June 24, 2014
Date Issued 6/20/2014Shares Issued 2,200,000 Overallotment Shares 330,000S&P Rating NR Moodys Rating NR AM Best bb (High Grade Junk Rating)Security Ticker Symbol NGHCP OTC Temp Ticker NGHNP Market Traded ON NASDAQDividend Payment Paid on the 15th of January, April, July and October beginning on 10/15/2014Quarterly Dividend .469 Annual Dividend 1.875Securities may be redeemed, at…
General Finance Corporation 8.125% Senior Notes Due 2021
Tim McPartland | June 24, 2014
Date Issued 6/18/2014Shares Issued 2,520,000 Overallotment Shares 360,000S&P Rating NR Moodys Rating NRSecurity Ticker Symbol GFNSLMarket Traded ON NASDAQInterest Payment Paid on the last day of January, April, July and October beginning on 7/31/2014Quarterly Interest .508 Annual Interest 2.03Securities may be redeemed (up to 35% of the total), at anytime. Prior to 07/31/2017 the redemption price…
Goldilocks Markets Continue
Tim McPartland | June 24, 2014
June 23, 2014 10:30 pmWe could say these markets are 'boring'---and they kind of are, but in general 'boring' is good for us. It is pretty nice really just collecting dividends without having to worry about skyrocketing interest rates (and corresponding falling income stocks). We are starting to get complacent---dangerous--dangerous. Sitting back and thinking this is how the markets will…
