Great Ajax 7.25% Convertible Senior Notes due 2024
By: Tim McPartland,
Date Issued 4/18/2017
Shares Issued 3,050,000 Overallotment Shares 450,000
S&P Rating NR Moodys Rating NR
Security Ticker Symbol AJXA
Market Traded on NYSE
Interest Payment Paid on the 15th of January, April, July and October beginning on 7/15/2017
Quarterly Interest . 453 Annual Interest 1.813
Securities may be redeemed, at the issuers option, as early as 04/30/2022 for a redemption price of $25/share plus accrued interest.
Interest Payment Will NOT be Qualified Distributions (interest payments are not qualified payments)
Shares are convertible into common shares of Great Ajax–terms are outlined in the prospectus.
Maturity Date 4/30/2024
Click Here to View the Prospectus
Company Investor Relations Page for Great Ajax Corporation