This is just a bit of a catch up from being out of the office.
Below are the details of the new fixed-to-floating rate preferred from mREIT Granite Point Mortgage (GPMT).
The 7.00% issue is now trading OTC under ticker GPMTV. The issue closed right at $25.00 yesterday.
Note that while this is a fixed to float issue the coupon has a 7.00% floor (the lowest it will go).