Large MLP Asset Manager Oaktree Capital to Sell Preferred Units

Oaktree Capital (NYSE:OAK) has announced a new issue of preferred units.

Oaktree is a large MLP asset manager with $121 billion under management.

OAK issued preferred units in May with a coupon of 6.625% which can be seen here.

The preliminary prospectus can be found here.

A K-1 will be issued for this issue.

2 thoughts on “Large MLP Asset Manager Oaktree Capital to Sell Preferred Units”

xerty says:

08/02/2018 at 3:49 pm

6.55% for OAK-B. Non-QDI, just like OAK-A
1. Tim McPartland says:
  
  08/02/2018 at 4:29 pm
  
  Thanks xerty–will post.

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