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.
6.55% for OAK-B. Non-QDI, just like OAK-A
Thanks xerty–will post.