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Tiny REIT Presidio Property Trust (SQFT) has announced the pricing and trading of a new cumulative preferred stock. This is a monthly paying preferred. The company priced a 9.375% issue for 700,000 shares with 105,000 more available for over allotment….

Looking at equities today–and the interest rate complex, it seems like markets are a bit on edge as we await the Federal Reserve Open Market Committee meeting results on Wednesday. Both the DJIA and the S&P500 are off 1/4 to 3/4% with the 10 year…

Harrow Health Inc (HROW) is offering more shares (bonds) of the 8.625% senior notes the company sold in April. They are offering 700,000 shares. The original shares closed around $26.17 last Friday. Shares have set back a bit from the close last Friday…

When money is sloshing around the globe you sure can’t expect stock markets to retreat by any significant amount, but markets are seemingly struggling a bit to gain major traction to move ever higher. The Standard and Poor’s 500 moved up by just 18 poi…

The temporary ticker for the new term preferred from Eagle Point Credit (ECC) will be ECCPP. I am not seeing it ‘teed up’ on Fidelity or eTrade at this time (2 pm Central).

Eagle Point Credit Company (ECC) has priced their new term preferred stock issue with a coupon of 6.50% (note the actual trade will occur today). The issue is a monthly pay preferred and is cumulative and non qualified. There is an optional early redem…

CLO (collateralized loan obligations) company Eagle Point Credit (ECC) is offering a new term preferred stock. The preliminary prospectus can be found here. ECC has numerous baby bond issues outstanding as well as 1 term preferred which can be seen her…

Globe Life Inc (GL) has priced their previously announced junior subordinated debentures with a maturity date in 2061. The coupon is 4.25%. The issue is investment grade. Proceeds from the offering will be used to redeem the 6.125% debentures (GL-C) wh…

Globe Life Inc (GL) will be selling a new issue of subordinated notes – no doubt with a low coupon as the company is investment grade. The issue will have a maturity date in 2061 GL will use the proceeds to redeem all or a portion of their currently ou…

Bank of Hawaii Corporation (BOH) has priced their new non-cumulative preferred stock. The coupon is 4.375%–the issue is qualified and investment grade. The new issue will trade under the temporary OTC grey market ticker BHWIL immediately, before movin…

Specialty consumer lender Atlanticus Holdings (ATLC) is selling a new issue of high yield preferred stock. ATLC is a lender to higher credit risk consumers–make sure to do plenty of due diligence before moving forward with any investment. The new issu…

I have to keep the buying going every week with the number of issues being redeemed as well as some pruning I am doing on over valued issues. Monday I bought the Compass Diversified 7.25% fixed rate preferred (CODI-A)–this one is on my watch list and…