Legg Mason, which was recently acquired by Franklin Resources (BEN), had 2 baby bond issues outstanding at the time of merger, which had previously been announced that they were to be delisted from the NYSE on 8/20/2020. These baby bonds were delisted.
Today it was announced that these issues would begin to trade on the OTC market–I would expect maybe tomorrow or Wednesday.
The ticker for the Legg Mason 6.375% Junior Subordinated Notes will be LMICL while the 5.45% Junior Subordinated Notes will trade under ticker LMIBL.
I now have these in the database as Franklin Resource (BEN) issues and they can be seen here.
EarlyBird noted the new tickers at 2:30 pm today.