mREIT New Residential Investment (NRZ) will be offering a new issue of fixed-to-floating rate preferred stock.
The issue will trade with a permanent ticker of NRZ-C. The company has 2 other fixed-to-floating rate issues outstanding which can be seen here. Both issues trade relatively strongly.
The preliminary prospectus can be read here.
Affinity4Investing was quick on the draw on this one with mcg right with him/her.