Priority Income Fund (not exchange traded) has announced the pricing for their new term preferred stock.
The issue prices at 6.125%.
The CEF has announced they will be redeeming the PRIF-C 6.625% issue which became redeemable on 2/22/2021.
The OTC grey market ticker has not yet been announced.
The pricing term sheet can be read here.
bought some at Fidelity yesterday near the close at 24.90.
Thanks for the pointer everyone!
Trading at vanguard 24.85
PRIIF otc ticker.
At E*Trade and on otcmarkets website, the temp ticker has become PRIIP.
https://www.otcmarkets.com/stock/PRIIP/overview