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Enterprise Financial Services Corp (EFSC) will be selling a new non-Cumulative perpetual preferred stock issue. The $12 billion banking company has offices in 13 states spread across the entire United States. The issue will be non-cumulative and qualif…

The Fossil Group (FOSL) baby bonds will trade under the ticker FOSLL. Thanks to Justin to pointing this out which I totally missed on the pricing term sheet.

Small energy service provider Mind Technology (MIND) has sold more of their series A preferred stick issue. The issue is a 9.00% cumulative redeemable preferred issue (MINDP) which originally was sold in 2016. Since that time the company has reopened t…

The S&P500 moved higher last week by almost 2%–up, up and away–it seems like there is no end to rising equity prices and folks betting against common stocks have been soundly shellacked. In general the old saying that ‘you can’t fight the Fed’ ha…

In a strange Saturday SEC filing Tellurian Inc (TELL) has priced the previously announced new baby bond issue. NOTE the actual trade for the new issue doesn’t occur until Monday. The $25/share issue prices at 8.25% for 2 million shares with another 300…

As noted by EarlyBird with follow on comments from 2 whiteroses, Citadel West, Scott R and xerty Monmouth Real Estate Properties (MNR) will be merging with Industrial Logistics Properties (ILPT). Monmouth has 1 preferred issue outstanding with a coupon…

Giant ag cooperative CHS (Cenex Harvest States) has announced earnings for the year ending 8/31/2021. Earnings were up 31% from the prior year. While the refining business carried them last year they actually lost money in refining this year while agri…

The OTC ticker is HPPCV–look for this to change in a day or two. REIT Hudson Pacific Properties (HPP) has priced their previously announced preferred stock. The issue prices at 4.75% for 16 million shares with another 2.4 million shares available for…

Amerco (ticker UHAL) the parent company of U-Haul has released their most recent earnings. I mention these earnings because they are of interest to many of us that have funds in the “U-haul Investors Club”. More info on the investors club can be found…

Once again LNG company Tellurian Inc (TELL) has filed to sell a new note offering of 8.25% notes due 2028. The issue will have a sliding scale of redemption prices starting 11/30/2023–the initial redemption is $25.75 and then reducing 25 cents/year un…

West coast REIT Hudson Pacific Properties (HPP) will be selling a new issue of cumulative preferred stock. The issue will have all of the typical REIT preferred features–cumulative, non qualified with an optional redemption in 2026 (about 5 years out)…

Fossil Group (FOSL) has priced the previously announced baby bond issue. The issue prices at 7.00% for 5.6 million shares (bonds) with another 400,000 shares available for overallotments. This issue is rated ‘B’ by Standard and Poors. The bonds may be…