XOMA Corporation 8.375% Series B Cumulative Perpetual Preferred Stock




Textainer Group Holdings Limited 7.00% Series A Cumulative Redeemable Perpetual Preference Shares

Coupon is set at 7.00% until 6/14/2026. On 6/15/2026 the coupon is reset at 6.134% plus the 5 year treasury. The issue resets on every 5th anniversary.




Fortress Transportation and Infrastructure 8.25% Fixed-Rate Reset Series C Cumulative Perpetual Redeemable Preferred Stock

Coupon is fixed until 6/15/2026 at 8.25% after which it will reset at the 5 year treasury rate plus a spread of 7.378%. There after the coupon will reset every 5 years.

This is a K-1 issuing security





Babcock and Wilcox Enterprises Inc. 8.125% Senior Notes Due 2/28/2026






Alta Equipment Group Inc. 10% Series A Cumulative Perpetual Preferred






Xoma Corporation 8.625% Series A Cumulative Perpetual Preferred Stock




Fortress Biotech 9.375% Series A Cumulative Perpetual Preferred Stock

Follow on offerings have been made numerous times since the original issuance at prices ranging from $18/share to $25/share. As of 9/30/2020 there were 3.427 million shares outstanding

Dividends were originally paid quarterly but in June, 2020 dividend payments were changed to monthly




Qurate Retail Group Inc. 8.0% Series A Cumulative Preferred Stock Due 3/15/2031 ($100/Share)

 

These shares, if outstanding, must be redeemed on 3/15/2031

If called on or after the 5th anniversary of issuance and before the 6th anniversary a 4% premium is paid on redemption. If paid on or after the 6th anniversary but before the 7th anniversary a 2% premium is paid on redemption. No premium is paid after the 7th anniversary date (2027).




Franchise Group Inc 7.50% Series A Cumulative Perpetual Preferred Stock


The company reopened this issue on 1/12/2021 selling 2.976 million shares with another 446,000 available for over allotment.






Wesco International 10.625% Fixed Rate Reset Cumulative Preferred Stock

Coupon is fixed until 6/22/2025 after which it is reset every 5 years at the 5 year treasury rate plus a spread of 10.325%. The issue is only redeemable on a reset date–i.e. every 5 years.







Chicken Soup for the Soul Entertainment 9.50% Notes Due 2025

Issue reopened and 375,500 new shares sold




Bunge LTD 4.875% Cumulative Convertible Perpetual Preference Shares

Redeemable only if the price of the commons shares trade at more than 130% of conversion price ($92.20) for 20 tradings days during a 30 day consecutive period

11/1/2020 conversion is now at $81.81




Triton International LTD, 6.875% Series D Cumulative Redee,able Perpetual Prference Shares

We have listed this issue as NON-qualified for preferential tax treatment. The prospectus is not clear on this matter and it is possible it will be qualified.




Ford Motor Company 6.00% Notes due 2059





Fortress Transportation and Infrastructure Investors LLC 8.00% Fixed-to-Floating Rate Series B Cumulative Perpetual Redeemable Preferred Stock

Coupon is fixed until 12/15/2024 at 8.00% after which it will float at 3 month Libor plus a spread of 6.447%.

This is a K-1 issuing security





QVC Inc. 6.25% Senior Secured Notes Due 2068

Parent QVC is not a traded security




Ford Motor Company 6.20% Notes due 2059




Triton International Limited 7.375% Series C Cumulative Redeemable Perpetual Preference Shares

We have listed this issue as NON-qualified for preferential tax treatment. The prospectus is not clear on this matter and it is possible it will be qualified.




Fortress Transportation and Infrastructure Investors LLC 8.25% Fixed-to-Floating Rate Series A Perpetual Redeemable Preferred Stock

Coupon is fixed until 9/14/2024 at 8.25% after which it will float at 3 month Libor plus a spread of 6.886%.

This is a K-1 issuing security





Triton International Limited 8.00% Series B Cumulative Redeemable Perpetual Preference Shares

We have listed this issue as NON-qualified for preferential tax treatment. The prospectus is not clear on this matter and it is possible it will be qualified.




Hecla Mining Co. $3.50 Series B Cumulative Convertible Preferred Stock

There is no available electronic Propspectus for this older issue







Arlington Asset Investment Corp 8.25% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

The coupon will be fixed until 3/30/2024 after which it will float at a rate of 3 month Libor plus a spread of 5.664%

Ticker symbol changed 10/26/2020




Triton International 8.50% Series A Cumulative Redeemable Perpetual Preference Shares

We have listed this issue as NON-qualified for preferential tax treatment. The prospectus is not clear on this matter and it is possible it will be qualified.




Brunswick Corporation 6.375% Notes due 2049




Air Lease Corporation 6.15% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A

Coupon is fixed at 6.15% until 3/15/2024 at which point it begins to float at 3 month Libor plus a spread of 3.650%