Some of the items I have seen on Reader Alert.
NWGG posted that Aegon NV has called the AEB Floating Rate Capital shares which have been callable since 2010. These were floaters with a 4% minimum.
As noted by J the National Retail Properties NNN-F 5.20% perpetual will be called as the company has sold notes with the ‘use of proceeds’ announcing the upcoming call on this issue. The use of proceeds is here.
J and Dick Whitman posted on Ally Financial (ALLY) calling for the last of the 8.125% trust preferred to be redeemed. The effective date is 10/15/2021. The issue was trading up around $26.75 a couple days ago–not now–it is at $25.28. This one has been partially redeemed numerous times in the past so no surprise a full call comes.
With 4-5% issues being called it would look like we are going to be stuck playing in the junk patch–not what I want really, but you have to do what you have to do.