Below are press releases from company’s with preferred stock or baby bonds outstanding–or just general news of interest.
Enstar to Enter Loss Portfolio Transfer With RACQ
Fidus Investment Corporation Declares First Quarter 2023 Dividend
Pebblebrook Hotel Trust Reports 2022 Results
Kennedy Wilson Announces Dividend of $0.24 Per Common Share for First Quarter 2023
Liberty Broadband Corporation Announces Proposed Private Offering of Exchangeable Senior Debentures
Kimbell Royalty Partners (KRP) 4th quarter and full year results
https://kimbellrp.investorroom.com/2023-02-23-Kimbell-Royalty-Partners-Announces-Record-Fourth-Quarter-and-Full-Year-2022-Results
Liberty “intends to offer $1,100 million aggregate original principal amount of exchangeable senior debentures due 2053 (the “Debentures”)….” and will use the proceeds to redeem “1.75% Exchangeable Senior Debentures due 2046… 2.75% Exchangeable Senior Debentures due 2050 and its 1.25% Exchangeable Senior Debentures due 2050, …”
Anyone know what the coupon on is on the new issue? Not that I can or would buy it, just wondering what kind of a move this is by management.