Coupon is fixed until 9/30/2025 at 7.75% after which the coupon will float at a rate of 3 month Libor plus a spread of 4.743%
Sector: REIT
QTS Realty Trust 6.50% Series B Cumulative Convertible Perpetual Preferred Stock ($100)
American Homes 4 Rent 5.875% Series F Cumulative Redeemable Perpetual Preferred Shares
Ready Capital Corporation 6.50% Senior Notes due 2021
Previously was Sutherland Asset Management
If baby bonds are called on or after 4/30/2019 but before 4/30/2020 they are called at 101% plus accrued interest. If called on or after 4/30/2020 they are called at $25 plus accrued interest.
Pennsylvania Real Estate Investment Trust 6.875% Series D Cumulative Redeemable Perpetual Preferred Shares
Dividend is suspended
Filed Chapter 11, 11/01/2020
Emerged from bankruptcy on 12/11/2020. Common share ticker is PRET and new ticker for this preferred issue is PRETN
Filed for Chapter 11 once again on 12/10/2023