Below are press releases from companys with preferred stock and/or baby bonds outstanding–or just news of general interest.
Season is pretty much over so we will have slow news days for a month or two.
Stifel Reports October 2024 Operating Data
SL Green Realty Corp. Announces Proposed Offering of Common Stock
Abacus Life Announces Proposed Public Offering of Common Stock
Hovnanian Enterprises Announces Fiscal Year 2024 Earnings Release and Conference Call
CoBank to Offer Series M Preferred Stock
Allstate Announces October 2024 Catastrophe Losses
Terreno Realty Corporation Announces Development Completion in Hialeah, FL
SL Green (SLG) issues 5+M shares of stock at $79/share.
Remember how many posters were bearish on office REITs (and the office sector) on this site (and many others) over the last 2 years? Perma-bears like Wolf Street’s Wolf Richter.
SLG common up 77% in 2024 and trading near a 3-year high.
Wow.
new Pref from Aspen:
Aspen Insurance Holdings Ltd. 7.00% Dep Shares Perp Non-Cumul Preference Shares
Ticker Symbol: AHL-F
CUSIP: G05384170
Exchange: NYSE
New BB from Ramaco:
https://www.investing.com/news/press-releases/ramaco-resources-inc-announces-pricing-of-senior-unsecured-notes-offering-93CH-3736417
The Notes will mature on November 30, 2029, unless redeemed prior to maturity. The Notes will bear interest at a rate of 8.375% per year
So I wonder what percentage of the client deposits at Stifel are over the FDIC insured limit?
The coming offer ny Co-bank of the preferred M will be only for 144a institutional clients.
All State is still posting losses from the Hurricanes and restated losses they already reported in the last quarter.
Peppino….. Thanks for posting the Ramaco pricing of their new offering as I definitely have interest. Might want to re-post in reader initiated alerts as many folks read those posts and not necessarily the comments here.
Peppino and Dj,
I just posted the FWP in the Reader Initiated Alerts section.
Here it is for you:
https://www.sec.gov/Archives/edgar/data/1687187/000110465924121712/tm2428032d3_fwp.htm