THE OTC GREY MARKET TICKER HAS BEEN ASSIGNED AS AFINP–SAME AS THE PERMANENT TICKER.
REIT American Finance Trust (NASDAQ:AFIN) has priced a new issue of perpetual preferred stock with a fixed rate coupon of 7.50%.
The issue will have an early redemption period starting on 3/26/2024. There will be 1.2 million shares sold with another 180,000 available for over allotment.
The anticipated permanent ticker is AFINP. No OTC Grey market ticker has been announced, but we would anticipate one before the end of the today.