Finally REIT Lument Finance Trust (LFT) has priced the new preferred announced earlier this week.
The issue is cumulative, but non-qualified.
Trading will start soon on the OTC grey market, but as of this moment the ticker has not been announced–I will publish an update when the ticker is known.
![](https://innovativeincomeinvestor.com/wp-content/uploads/2021/04/lft-1.jpg)
The pricing term sheet is here.
OTC symbol finally announced: LFTPP
I briefly traded them way back when they were transitioned to Hunt Company. They keep changing names to put lipstick on this pig. oh well, I may trade a little just to stay in the game.